Title
Airport Drainage Project budget transfer request
Summary
Description of Topic: (who, what, where, when, why and how much)
Request transfer of budgeted funds to Airport Drainage Project due to cost overrun.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
____ Not budgeted requiring increase to account #___________ in the amount of $____________.
Capital - Departmental
____ 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 #_______________
____ Not Budgeted - account #____________ requires budget increase of $_____________.
Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**
In current year Capital Projects Plan:
__X___ Yes, planned amount $580,017, requesting transfer of $37,500 from various Airport operating budget accounts to account #12-665-7359 R25 VLKSA to cover project overrun.
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________
Body
WHEREAS, funds in the amount of $580,017 were appropriated for the Airport Drainage project by Resolutions 15-2111, 15-2174, and 15-2249.
WHEREAS, a project overrun in the amount of $37,394.00 was the result of an issue found during the milling of the asphalt on the taxiway that required additional milling and asphalt to correct.
WHEREAS, funds are available within the Airport operating budget to cover the amount of the overrun.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION...
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