SUBJECT:
Title
Transfer Project Funds and Amend the Capital Improvement Program - Infrastructure Surtax Capital Project Fund - $226,452
Body
INITIATOR:
DEPARTMENT:
Michael McCain, Executive Director
County Administrator
DESCRIPTION/BACKGROUND:
This BAR serves to close out project STC073876 - SW 31st St/SW 34th Pl Infrastructure Surtax. Resurfacing is complete and final invoices have been paid. The project saved $191,545 against its original budget. This balance will be transferred to STC073877 - NW 60th Ave Resurfacing as it requires an increase in funding to begin construction.
Additionally, $34,907 will be transferred from STC073812 - NW 80th Ave/NW 70th Ave to STC073877, as this project is still pending ROW acquisition before construction can begin. This funding can be replaced at a later date.
BUDGET/IMPACT:
Neutral
RECOMMENDED ACTION:
Recommended action
Motion to approve the transfer of project funds and amend the Capital Improvement Program.
end