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rco t Ji 2004 <br />REQUEST FOR COUNCIL ACTION CITY OF ORONO <br />Date: February 19,2004 <br />Item No: f 3 <br />Department Approval:Administrator Reviewed:Agenda Section: <br />Name: <br />Title: <br />Ronald J. Moorse <br />City Administrator <br />Item Description: Funding of LOGIS Police Records System Assessment <br />In May of 2003, the Council approved the payment of an assessment for the LOGIS police <br />records system upgrade in the amount of $95,567.00, to be paid to LOGIS over a three year <br />period, and to flnance these payments over a six year period through an internal loan with a 3% <br />interest rate from the PIR (Permanent Improvement Revolving) Fimd. The Council also <br />approved a budget adjustment in the PIR Fund to reflect the payment of the first installment in <br />2003. The final arrangement with LOGIS was to delay the initial assessment payment umil 2004, <br />and to make the payment in two annual installments rather than three. <br />COUNCIL ACnON REQUESTED <br />I) Motion to rescind the 2003 budget adjustment in the PIR Fund related to the LOGIS Police <br />Records System assessment, and to adjust the 2004 PIR Fund budget to reflect the initial <br />payment to LOGIS in the amount of $48,500. <br />c\ippsNifwiB6(Awpdocs\siie\cd^ <br />Miiiiiinii I [liMhi <br />tv;