Title
A Resolution Approving Entering Into Agreements With ALDOT and RS II, LLC and Soliciting Bids for Tanger Avenue Extension
Summary
Description of Topic: (who, what, where, when, why and how much)
Consider amending the Capital Plan and appropriate project cost of $450,000 including contingency and authorizing public bids. Approves entering into funding agreements as follows: 1) ALDOT Contribution Agreement 2) RS II, LLC Contribution Agreement. The City will be reimbursed by ALDOT for the construction cost up to $250,000. All construction costs above $250,000 will be reimbursed to the City by RS II, LLC. RSII, LLC will pay all Engineering, advertising and inspection costs directly.
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**
____ 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 #_____________**Request to Increase OR Request to Transfer 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 ...
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