Title
Establish an Account for Claude Peteet Building Expenses
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
Establish an account to cover expenses related to the Claude Peteet Building.
SOURCE OF FUNDING:
Please provide the amount requested: $5,000
Is this a budgeted item? No
Please provide the budgeted amount: $____0 Account No. 01-620-2194
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 owns the Claude Peteet Building located at 211 North McKenzie Street, and,
WHEREAS, The City is currently leasing this building to the Performing Arts Association, and,
WHEREAS, expenses will be incurred for the upkeep and maintenance of this building.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the establishment of operational account 01-620-2194 to capture Claude Peteet Building expenses.
SECTION 2: Approves a budget under this account in the amount of $5,000 for FY15.
SECTION 3: This Resolution shall become effective immediately upon its adoption as required by law.