SUBJECT:
Title
Transfer Project Funds and Amend the Capital Improvement Program - Tourist Development Tax -$138,126
Body
INITIATOR:
DEPARTMENT:
Loretta Shaffer, Director
Tourist Development
DESCRIPTION/BACKGROUND:
The NW 49th/35th Interchange project with I-75 is being expedited by the Governor's office. As a result, $138,126 is being transferred to VCC000002 from closed/completed project VCC000003 - North County Line Gateway Sign ($69,501) and closed/completed project VCC000004 - South County Line Gateway Sign ($68,625) to assist in facilitating the construction of the CAF (community aesthetic feature) of the project. This transfer of funds will be a one-time occurrence as VCC000003 and VCC000004 are now completed and closed projects.
BUDGET/IMPACT:
Neutral
RECOMMENDED ACTION:
Recommended action
The transfer of project funds and amend the Capital Improvement Program.
end