SUBJECT:
Title
Infrastructure Surtax Capital Project Fund - Infrastructure Tax Transportation - $1,156,985
Body
INITIATOR:
DEPARTMENT:
Steven Cohoon, PE, County Engineer
Office of the County Engineer
DESCRIPTION/BACKGROUND:
Finance noted that charges made to land accounts are valid only if directly related to the purchase of property or if they intrinsically increase the value of the property. As a result, POs in two different projects need to be corrected to match this directive. These POs were for contract services associated with land acquisition. This adjustment moves funding from land accounts to improvement accounts in both the NW 80th/70th Ave Seg 3 (STC073811) and NW 49th/35th St Ph 3 (STC073812) projects to allow for the PO corrections.
BUDGET/IMPACT:
Neutral
RECOMMENDED ACTION:
Recommended action
Approve attached Budget Amendment Resolution and amend the CIP.
end