Title
Resolution to appropriate capital funding for new awning in the amount of $958.48
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
Resolution 5102-12 approved transferring funds into a capital account to pay for an awning on the new Welcome Center. A down payment of $930 was paid in September. Request council approve a carry over of of that funding to pay the balance of $958.48 to Engineered Textile Products, Inc., since this expenditure comes after the end of the 2012 fiscal year.
SOURCE OF FUNDING:
Please provide the amount requested: $958.48
Is this a budgeted item? Yes
Please provide the budgeted amount: $_$958.48 Account No. 01-625-7010
If budgeted, is this a capital purchase, capital project, or special fund? Yes
Was this item included in the Fiscal Year Capital Projects Plan? yes - carried over
If yes, please provide the amount included in Capital Projects Plan: $958.48
Body
WHEREAS, Resolution 5102-12 approved a transfer of funds into a capital account to pay for an awning on the new Welcome Center, and where as a down payment of $930 was paid in September, and whereas a balance of $958.48 is now due and that expenditure comes after the end of the 2012 fiscal year,
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Appropriates funding in account 01-625-7010 to pay the balance to Engineered Textile Products, Inc.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.