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2018-1568 RESOLUTION NO. 2018-1568 A resolution authorizing the transfer of previously borrowed note issue funds to the Blackhawk Golf Course bridge replacement project. WHEREAS, the rain event of February 20, 2018 damaged three pedestrian bridges at Blackhawk Golf Course; and WHEREAS, the City of Janesville borrowed $64,000 in the 2018 note issuance, along with previously borrowed funds of $36,428, for golf course maintenance equipment for the bridge replacement; and WHEREAS, bids received were considerably higher than anticipated and borrowed funds are not enough to cover the total project; and WHEREAS, $78,727 remains in the Oak Hill Cemetery maintenance building fund from previously borrowed Note Issues; and WHEREAS, the City, the City's golf course management partner KemperSports, and the Golf Course Advisory Committee feel it is in the best interest of the golf course to complete all bridge repairs as soon as possible; and WHEREAS, the Common Council hereby find that it is in the best interest of the City to authorize the transfer of previously borrowed funding to use for the Blackhawk Golf Course bridge replacement project. NOW, THEREFORE BE IT RESOLVED by the Common Council of the City of Janesville that the City Administration is hereby authorized to transfer and expend funds from previously borrowed note issues described in the above recitals to use for the replacement of bridges at Blackhawk Golf Course. ADOPTED: August 13, 2018 Motion by: Wolfe Second by: Conley APPROVED: Councilmember Aye Nay Pass Absent Conley X Farrell X Mark A. Frei -g, City Manager Gruber X Jorgensen X ATT•" ' Marklein X AAF Williams X F / # Wolfe X David T. Godek, City Clerk-Treasurer APPROVED AS TO FORM: Waldlimczys, ity Attorney Proposed by: Parks Division Prepared by: Parks Director