SUBJECT:
Title
Transfer Project Funds and Amend the Capital Improvement Program - Marion County Utility Fund - $282,300
Body
INITIATOR:
DEPARTMENT:
Tony Cunningham, Director
Utilities
DESCRIPTION/BACKGROUND:
On November 21, 2023, Marion County Utilities (MCU) entered into an agreement contract 23-06 with 484 Road Runner Resources, LLC. Per the agreement, MCU would pay for oversizing costs associated with the water and sewer lines the developer is planning to construct. These lines will be connected to current MCU systems. This agreement calls for a maximum reimbursement of $282,300 by the County. This is a one-time request.
BUDGET/IMPACT:
Neutral
RECOMMENDED ACTION:
Recommended action
Motion to approve the transfer of project funds and amend the Capital Improvement Program.
end