Title
River Trace Ph. II Remaining Street Lights Transfer
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
Approve transfer of remaining street lights in River Trace Ph. II for city to assume payment of monthly lighting bill. River Trace Ph. II infrastructure was accepted on August 20, 2007 per Ordinance No. 1000-07.
SOURCE OF FUNDING:
Please provide the amount requested: $16.05/month or 192.60/year
Is this a budgeted item? Yes /No
Please provide the budgeted amount: $_____________ Account No. 01-620-8090
If budgeted, is this a capital purchase, capital project, or special fund? _________________________
Was this item included in the Fiscal Year Capital Projects Plan? Yes/No
If yes, please provide the amount included in Capital Projects Plan: $___________
Body
WHEREAS, the City of Foley adopted Ordinance No. 1007-07 accepting the infrastructure in River Trace Phase II subdivision, and
WHEREAS, Benchmark Homes, Inc. has requested the City take over the remaining street lights' cost.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves taking over River Trace Phase II remaining street lights for an annual cost of $192.60 or $16.05 per month chargeable to Account No. 01-620-8090 that has a sufficient budget funds for this expense.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.