Title
Consider/Discuss/Act on an Resolution Amending the 2011-2015 Capital Improvements Program for Facilities for New Parking at the John & Judy Gay Library
Summary
MEETING DATE: July 19, 2011
DEPARTMENT: Development Services / Engineering
CONTACT: Jack E. Carr, P.E., Director of Engineering
Patricia L. Jackson, P.E., Facilities Construction Manager
RECOMMENDED CITY COUNCIL ACTION:
• Approval of the Resolution.
ITEM SUMMARY:
• This Resolution amends the 2011-2015 Capital Improvements Program by moving $265,585 from the John & Judy Gay Library Project (LI6109) to a new CIP project (LI2230) titled John & Judy Gay Library Parking Project.
BACKGROUND INFORMATION:
• Additional parking is needed for the John & Judy Gay Library Project.
• The library building project budget has surplus in the amount of $265,585.
- It is anticipated that this parking facility will be completed by spring 2012.
FINANCIAL SUMMARY:
• Funds for this CIP amendment will be obtained by transferring funds in the amount of $265,585 from the John & Judy Gay Library Project LI6109.
John & Judy Gay Library - New Parking - LI2230 Funding Source |
Current Budget |
Additional Proposed (FY2011-12) |
Total Proposed |
LI6109 J&JG Library Revised Budget |
$ 8,000,000 |
$ (265,585) |
$ 7,734,415 |
LI2230 Total Proposed Budget |
$ 0 |
$ 265,585 |
$ 265,585 |
BOARD OR COMMISSION RECOMMENDATION:
• N/A