SUBJECT:
Title
Transfer Project Funds and Amend the Capital Improvement Program - American Rescue Plan Local Fiscal Recovery Fund - $5,519,750
Body
INITIATOR:
DEPARTMENT:
Jody Kirkman, Director
Utilities
DESCRIPTION/BACKGROUND:
Marion Oaks Water Line Extension American Rescue Plan Act (ARPA) Project - Task 1 is complete. Task 1 included design, permitting and the development of the Guaranteed Maximum Price (GMP) associated with constructing the project. As a Progressive Design Build Contract, Task 2 has been developed under the original agreement, which includes the construction activities within the project. The total cost developed within the GMP will be more than originally budgeted for the ARPA Project. This request is to move ARPA funds which had been originally assigned to the Silver Springs Shores Septic to Sewer project to this project in order to issue the Task 2 purchase order. 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.
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