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Approve the Miscellaneous Budget Ordinance Amendments to Adjust Various Fund Budgets for FY 2019-20.
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Staff:
Department:
Amy Oland, Director
Business Management
Matt Brinkley, Assistant Director
Overview: After the Council approves the annual budget, periodic changes require the Town to amend the original budget.
Recommendation(s):
That the Council:
* Enact the attached budget ordinance amendment to adjust the General Fund, Off-Street Parking Fund, Transit Fund, and the Transit Capital Reserve Fund; and
* Enact the attached project ordinance amendments to adjust the Capital Projects Ordinance Fund, 2015 Streets and Sidewalks Bond Fund, Affordable Housing Fund, and Transit Capital Grants Fund; and
* Adopt the attached resolutions to amend the Parking Fee Schedule, to enter into a supplemental municipal agreement for Old Durham-Chapel Hill Road Bike-Ped Improvements, and to accept funding from the NCDOT towards the Fordham Blvd Sidepath project.
Key Issues:
* General Fund
Fiber Line Repairs - The Town received a $28,139 reimbursement from Wieland for emergency repair work to reattach the Town's IT data fiber and traffic signal fiber cables that were moved during construction at 1730 Fordham Blvd. Enactment of the attached budget ordinance amendment recognizes the $28,139 received as reimbursement and appropriates the $28,139 to pay for the repair services rendered.
Coal Ash Remediation - In the adopted FY2020 budget, we budgeted $246,000 for interim remedial actions at the police station property at 828 Martin Luther King Jr. Blvd. The project consultant refined the scope of work which resulted in a $69,000 decrease from the original cost projection of $315,000. Enactment of the attached budget ordinance amendment for the General Fund reduces the amount appropriated for this project in the General Fund and appropriates the $246,000 as a transfer to the Capital Projects Ordinance Fund where the Coal Ash project has an existing project bud...
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