SUBJECT:
Title
General Fund - Multiple Cost Centers - $2,000,000
Body
INITIATOR:
DEPARTMENT:
Jared Goodspeed, Director
Facilities Management
DESCRIPTION/BACKGROUND:
The Freedom Public Library Expansion project was planned and funded prior to obtaining bids. Due to inflation as well as time constraints, the construction cost has escalated and will require $2,000,000 in additional funding to project LBC375013. The funding is requested to be taken from FLC000001, the consolidated fleet facility project. This project, which is underfunded and will require future funding, is not as time sensitive in nature as the Maricamp facility remains open and operational during this time.
BUDGET/IMPACT:
Neutral
RECOMMENDED ACTION:
Recommended action
Approve attached Budget Amendment Resolution and amend the CIP.
end