HERCULES CITY COUNCIL RESOLUTION NO. 22-____
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERCULES AUTHORIZING THE CITY MANAGER TO EXECUTE A PROFESSIONAL SERVICES AGREEMENT WITH REVENUE & COST SPECIALIST (RCS) AND APPROVING A BUDGET AMENDMENT TO INCREASE THE FY 22-23 GENERAL FUND BUDGET BY $75,400 WHEREAS, The City of Hercules is committed to develop a comprehensive overhead cost allocation model to capture the full cost recovery and accurately account for a reasonable cost of providing services to the community; and WHEREAS, the City’s goal is to have a well-documented and defensible cost allocation plan that will incorporate appropriate general and administrative cost allocations into the budget; and WHEREAS, the City wishes to perform comprehensive review of the existing user fee structure and conduct a nexus study to update the development impact fees; and WHEREAS, the City Council has adopted the FY 2022-23 Budget on June 28, 2022, representing the financial plan for conducting the affairs of the City of Hercules; and WHEREAS, staff is proposing to increase the General Fund expenditure appropriations by $75,400 for the development of the cost allocation plan, user fee and development impact fee study; and WHEREAS, the City Council has considered the report and recommendations of the City Manager on the budget amendments and has determined that the budget amendments and proposed agreement are both fair, appropriate, and warranted.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Hercules as follows:
Adopt a resolution authorizing the City Manager to execute a professional service agreement for an amount not to exceed $75,400 with Revenue & Cost Specialist (RCS) to prepare a cost allocation plan, comprehensive user fee and development impact fee studies; and Amend The FY 2022-23 Budget Appropriation by $75,400 to pay for the associated services.
The foregoing Resolution was duly and regularly adopted at a regular meeting of the City Council of the City of Hercules held on the 11th day of October 2022, by the following vote of the Council:
AYES: NOES: ABSENT: ABSTAIN:
Dion Bailey, Mayor
ATTEST:
Lauren Berges, CMC City Clerk