Title
A Resolution for an Additional Increase to the GOMESA Project Budget and Purchase Property
Summary
On RES 21-0283, the Nature Parks Department requested to increase the budget for the Gordon property by $30,000 for a total of $300,000. The price has increased to $330,000, and the Nature Parks department requests an additional $30,000 to purchase the property to cover the difference in the appraised price and the county appraisal. Also the request is for the Mayor to enter into the purchase agreement with Susanna Gordon to purchase the 2.9 acres for $330,000.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.**Request to Transfer Departmental Budget Dollars form must be attached**
____ Not budgeted requiring increase to account #___________ in the amount of $____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital - Departmental **Capital Purchase Worksheet form must be attached**
____ Budgeted under account #______________ for $_________ and described in budget as ________________________. Additional amount needed, if any: Increase in budget of $_________ OR, transfer of $________ from Account #____________ to Account #_____________**Request to Increase OR Request toTransfer Departmental Budget Dollars form must be attached**
____ Not Budgeted - account #____________ requires budget increase of $_____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital Project - **If requesting to start a project, a Capital Project Worksheet form must be attached**
In current year Capital Projects Plan:
_____ Yes, described as __________________________, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________.
__X___ No, requesting an increase of $47,000 to an already approved project titled Foley Nature Parks Expansion and Enhancements that is being tracked under Account No.400-5090-5108 (GOMESA-Land, Connectivity, Impv)
Body
WHEREAS, the Foley Nature Parks Expansion and Enhancements was approved for $3,000,000 with GOMESA grant covering 100% of the project and,
WHEREAS, the budget will need to be increased by an additional $30,000 to cover the difference between appraised price and the county appraisal,
WHEREAS, the Mayor will need to be authorized to enter into the purchase agreement for the Gordon Tract and subsequently purchase said property.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the increase to the budget and allocates another $30,000 into Account No. 400-5090-5108 (GOMESA-Land, Connectivity, Impv).
SECTION 2: Approves allowing the Mayor to enter into the purchase agreement with Susanna Gordon and purchase the 2.9 acres (Gordon Tract) for $330,000.
SECTION 3: This Resolution shall become effective immediately upon its adoption as required by law.