ORD-2011-029 Fiscal Year 2011-12 Budget Amendment #2

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below) to include the above mentioned changes to the Registry Fees, effective October 1, 2011. Current F ee Descri tion Current Fee New Fee Description New Fee Deeds of Trust $28 (1 pg); $3 each Deeds of Trust and/or $56 (up to 15 additional page; $2 Mortgages pages); $4 each Re-recorded instruments verified $17 (1 pg); $3 each Deeds (and Other additional a e $26 (up to 15 (not verified) additional page Instruments) pages); $4 each Re-recorded instruments $17 (1 pg); $3 each Deeds (and Other additional a e $26 (up to 15 (verified) additional page; $2 Instruments) pages); $4 each Assumed names, POA, verified $12 (15 pg); $3 each Deeds (and Other additional a e $26 (up to 15 etc. additional page; $2 Instruments) pages); $4 each verified additional page Sportsplex Find 7. The FY 2011-12 approved budget for the Sportsplex included $82,000 in capital reserve funds for future repairs and/or replacement of capital items. Recently, the Sportsplex has experienced a complete condenser coil failure in one of its HVAC units which services office space, the Pro Shop, the IT server room, and a conference room. The unit is approximately 17 years old. The costs to replace .the defective condenser is approximately $4,000, but given- the age of this unit (estimated life expectancy is 15 years) this does not seem fike.a practical or viable option. Staff's recommendation is to replace the entire unit at a cost of $7,434. This budget amendment provides for the allocation of $7,434 from the capital reserve account to a capital equipment expense account to cover the costs. With this allocation, $74,566 remains in Sportsplex capital reserve funds for FY 2011-12. (See Attachment 7, column 6) FINANCIAL IMPACT: Financial impacts are included in the background information above, RECOMMENDATION(S): The. Manager recommends the Board of County Commissioners approve budget and grant project ordinance amendments for fiscal year 2011-12.