Finance Committee

FINANCE COMMITTEE

NOTICE OF PUBLIC HEARING

A Public Hearing on the following proposed Ordinance will be held before the Finance Committee on Thursday, December 17, 2015 at 6:30 p.m. Council Chambers, 869 Park Avenue, Cranston, RI. pursuant to Section 3.12 of the Charter.

Complete copies of proposed Ordinances are available for public review at the City Clerk’s Office and the Cranston Central Library and can be viewed on the City’s website cranstonri.com under calendar by clicking on the meeting date.

“Individuals requesting interpreter services for the deaf or hard of hearing must notify the City Clerk’s Office at 461-1000 ext. 3197 seventy-two (72) hours in advance of the hearing date.”

Steven A. Stycos, Chair Maria Medeiros Wall, JD

Finance Committee City Clerk

PROPOSED ORDINANCE 11-15-05 AMENDING THE FY 2016 CAPITAL BUDGET TO INCLUDE THE EXPENDITURE OF IMPACT FEES (Central Library Renovation)

It is hereby ordained by the City Council of the City of Cranston as follows:

Section 1: Pursuant to amend Section 15.040 of the City Code and R.I.G.L. Section 45-22.4-5, the City of Cranston seeks to utilize/apportion $450,000 of its impact fee proceeds that have been collected by it on behalf of the Library Department toward a Capital Improvement—specifically a major renovation of the Youth Services Department of the Cranston Central Library located at 140 Sockanosset Cross Road.

Section 2: Under Sections 6.12 and 6.17 of the City Charter, the City of Cranston seeks to amend its fiscal year 2015-2016 Capital Budget so these funds may be expended for the aforementioned capital improvements within the present fiscal year.

Section 3: This Ordinance shall take effect upon its final adoption.

I recommend adoption of the

foregoing Ordinance Pursuant to

Section 6.17 of the City Charter.

Allan W. Fung, Mayor

Fiscal Note

I hereby certify that there are adequate funds of $450,000 in the Western Cranston Library Impact Fee account to support the renovation at the Central Library.

Robert Strom, Director of Finance

Sponsored by Councilman Farina

11/26/15