Adopt Ordinance Increasing Receipts and Appropriations in the Risk Financing Fund by $8,300.00 and Authorize the Transfer of Funds to the Municipal Airport Fund to Acquire a Replacement Vehicle for the Code Compliance Department in Lieu of Making a Subrogation Payout for the Code Compliance Department's Casualty Loss (ALL COUNCIL DISTRICTS)

It is recommended that the City Council:

1.  Adopt ordinance increasing receipts and appropriations in the Risk Financing Fund by $8,300.00; and

2.  Authorize the transfer of $8,300.00 from the Risk Financing Fund to the Municipal Airport Fund to acquire a replacement vehicle for the General Fund, for the Code Compliance Department in lieu of making a subrogation payout for the Code Compliance Department's casualty loss.

The Fleet Division of the Property Management Department is facilitating the transfer of a vehicle from the Aviation Department to the Code Compliance Department as an alternative to expending subrogation funds on the purchase of a replacement vehicle. The vehicle is no longer needed by the Aviation Department and will replace an animal control vehicle that was totaled due to a collision. The funding for the vehicle comes from the subrogation revenue received on behalf of the Code Compliance Department.

The amount being transferred to the Municipal Airport Fund is based on the estimated auction value of the vehicle. The Aviation Department and the Code Compliance Department have agreed upon the estimated auction value of the vehicle as a fair value.

The funds being transferred represent the estimated auction value of the vehicle as follows:

EQUIPMENT NO.	YEAR	MAKE	MODEL	ESTIMATED AUCTION VALUE
2170130	2007	Chevrolet	Tahoe	$8,300.00

This M&C does not request approval of a contract with a business entity.