Ord 08-36
Ord 08-36
CITY COMMISSION AGENDA 2
- Meeting Date:
- 08/06/2008
- Title:
- Consider approval of a budget amendment for the funding of the 9th/7th Street Project.
- Submitted For:
- Cheryl Hunter
- Submitted By:
- Cheryl Hunter, Finance
- Department:
- Finance
ACTION REQUEST (Brief Summary)
Consider approval of a request to amend the City of Texas City’s fiscal year 2007/2008 budget.
BACKGROUND
A budget amendment is needed to provide funding for the construction of 9th/7th Street Improvements Project. A budget amendment for $528,000 was approved in March to fund the engineering, in addition to the engineering $3.5 million is needed to fund the construction. This project is the second phase of a multi-phase drainage improvements project to address flooding along 9th Avenue east of 10th Street. The notice to bidders was posted on July 23, 2008 with a bid deadline of August 14, 2008. Funding is available in the General Fund.
ANALYSIS
Budget Amendment is as follows:
| General Fund(101) Street & Bridge (301): | |
| 101-301-55550-07023-9th/7th Street Project |
$3,500,000 |
| 101-000-79999-Undesignated Budget Balance |
<$3,500,000> |