HomeMy Public PortalAbout06-12-2012 Revolving Fund DEAThomas J. Tracy
Town Auditor
TO:
TOWN OF WATERTOWN
Auditor
Administration Building
149 Main Street
Watertown, MA 02472
Phone: 617-972-6460
Fax: 617-972-6563
www.watertown-ma.gov
Honorable Town Council
Michael J. Driscoll, Town Manager
FROM: Raeleen Parsons, Purchasing Agent
Thomas J. Tracy, Town Auditor
DATE: June 8, 2012
RE: FY 2013 Organized Crime Drug Enforcement Task Force (OCDETF)
Lease Revolving Fund
In accordance with the lease between the Town of Watertown and WaterPart LLC for the
property at One Arsenal Place, the Honorable Town Council authorized the establislunent
of a revolving fund on October 14, 2008. As part of the authorization, and in accordance
with r:L. .Ch. 44, 53E 1/2, the Honorable Town Council established an expenditure limit
not to exceed $500,000 for FY 2009 activity.
Due to one time items related to the OCDETF property, specifically for the purchase and
installation of furniture and equipment, the Honorable Town Council established an
expenditure limit not to exceed $1,850,000 for FY 2010 activity. For FY 2011 and FY
2012, the Honorable Town Council established an annual expenditure limit not to exceed
$1,350,000.
The purpose of this communication is to request the Honorable Town Council establish
an -expenditure limit for FY 2013. We are requesting a spending limit of $1,900,000.
The $1,900,000 of estimated FY 2013 expenditures is as follows:
Rent, Taxes, Liability $800,000
Utilities $200,000
Law Enforcement Programs* $700,000
Miscellaneous $150,000
Building Maintenance & Janitorial Services $50,000
Miscellaneous include Security Alarm, Internet Service, Cable, and Phone.
Please be advised that all of the actual expenditures are reimbursed to the Town by the
Federal Government on a monthly basis. We have attached a draft resolution for the
Honorable,Town Council's consideration. Please contact either one of us if you have any
questions or concerns regarding this request.
*For. FY:2013,.the OCDETF is expecting an additional $500,000 supplemental budget to
update/purchase software and related equipment to enhance Law Enforcement Programs.
Resolution R -2012 -
WHEREAS: The City known as the Town of Watertown entered into a lease with
WaterPart LLC for property at One Arsenal Place; and
WHEREAS: That lease is intended to benefit the operations of the federal Organized
Crime Drug Enforcement Task Force ("OCDETF"); and
WHEREAS: The operations of the OCDETF will benefit the Town in providing
specialized training and support for the Town's police department as well as providing an
additional level of protection for the Town's residents; and
WHEREAS: The Town has entered into a reimbursement agreement with the OCDETF
to fund the lease and activities at One Arsenal Place; and
WHEREAS: The General Laws, Chapter 44, 53E 1/2 authorizes the creation of a
revolving fund as a mechanism for the dedication of fiords derived from a specific
municipal operation to the future support of such operation; and
WHEREAS: The Town Council of the City known as the Town of Watertown
authorized the establishment of a revolving fund pursuant to G.L. ch. 44, 53E %2 to be
known as the Organized Crime Drug Enforcement Task Force Lease Revolving Fund.
NOW THEREFORE BE IT RESOLVED, that there shall be deposited into said
Revolving Fund all revenues received from any source in connection with the Organized .
Crime Drug Enforcement Task Force Lease, including any reimbursements received from
the federal government; and from said Revolving Fund expenditures may be made for the -
Town's obligations under the Organized Crime Drug Enforcement Task Force Leasewith
the approval of the Town Manager, in an amount not to exceed $1,900,000 during Fiscal
Year 2013, provided that expenditures -in excess of said $1,900,000 may be authorized by
vote of the Town Council.
Council Member •
I hereby certify that at a regular meeting of the nine member Town Council for which a
quorum was present, the above resolution was adopted by a vote of for,
against and present on June 12, 2012.
Valerie Papas Mark S. Sideris
Clerk of the Council Council President