SUBJECT:
Title
Transfer Project Funds and Amend the Capital Improvement Program - Infrastructure Surtax Capital Project Fund - $1,060,400
Body
INITIATOR: DEPARTMENT:
Michael McCain, Executive Director County Administrator
DESCRIPTION/BACKGROUND:
STC073813 - SW 49th Ave South Segment F requires an increase to the ROW budget in order to facilitate impending acquisitions. $860,400 will be transferred from STC073812 - NW 80th/70th Ave to STC073813 to cover the shortfall. Additionally, STC073814 - SW 49th Ave North Phase requires an increase in funding to cover asbestos testing and demolitions for purchased properties. $200,000 will be transferred from STC073812 to cover the shortfall. STC073812 is not in active ROW acquisition and its 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 CIP.
end