Title
A Resolution to Amend Resolution 24-1032 A Resolution Approving the Purchase of Arrow Board Signs for Street Department- Traffic Control.
Summary
Street Department- Traffic Control requested approval for the purchase of arrow board signs from K & K Systems under GSA Contract # GS-03F-0015Y for a total of $19,594.57. This purchase was originally budgeted as a capital purchase under account #100-3014-5100. The arrow boards were less than $5,000.00 each deeming them unable to be considered capital assets. Street Department- Traffic Control is requesting to transfer $20,000 from capital account # 100-3014-5100 to operational account # 100-3014-6163.
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**
__X__ Budgeted under account #_100-3014-5100__ for $_20,000_ and described in budget as _directional arrows_. Additional amount needed, if any: Increase in budget of $_________ OR, transfer of $_20,000__ from Account #_100-3014-5100__ to Account #_100-3014-6163__**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 #____________________.
_____ Yes, requesting an increase of $___________ to an already approved project titled ________________________ that is being tracked under Account No. ___________________.
_____ No, requesting an increase of $__________ to an already approved project titled _______________________ that is being tracked under Account No. _________________.
Body
WHEREAS, on January 16, 2024, Council adopted Resolution 24-1032 approving the purchase of 2 vehicle mount arrow board signs and 4 portable arrow board signs under GSA contract # GSA-03F-0015Y from K & K Systems for a total of $19,594.57, and
WHEREAS, the arrow boards were less than $5,000.00 each deeming them unable to be considered capital assets, and
WHEREAS, Street Department- Traffic Control requests to transfer the $20,000.00 budgeted for these arrow boards under capital account # 100-3014-5100 to operational account # 100-3014-6163.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Amends Resolution 24-1032 to approve the transfer of funds in the amount of $20,000.00 from capital account # 100-3014-5100 to operational account # 100-3014-6163.
SECTION 2: Amends Resolution 24-1032 to approve the purchase of arrow board signs under GSA contract # GSA-03F-0015Y from K & K Systems for a total of $19,594.57 under account # 100-3014-6163.
SECTION 3: This Resolution shall become effective immediately upon its adoption as required by law.