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HomeMy WebLinkAbout35-94 RESOLUTIONRESOLUTION NO. 35-94 A RESOLUTION AUTHORIZING A BUDGET ADJUSTMENT FOR THE ('ONSTRUC [ION OF A NEW LONG TERM PASSENGER PARKING LOT AT THE DRAKE FIELD MLNICIPAL AIRPORT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYE7TEVILLE, ARKANSAS: Section 1. That the Council hereby approves a budget adjustment in the amount of $110,000 increasing Parking Lot Improvements Acct. No. 5550 3960 5819 00 by decreasing Use of Fund Balance. Acct. No. 5550 0955 4999 99 for construction of a new long term passenger parking lot at the Drake Field Municipal Airport. A copy of the budget adjustment is attached hereto marked Exhibit 'A" and made a part hereof. PASSED AND APPROVED this 15th day of March 1994. ATTEST: By: Sherry L "Thomas, City Clerk APPROVED: i /. Fred Hanna, Mayor 1141 1 EN I THE CITY OF FAYETTEVILLE. ARKANSAS • DEPARTMENTAL CORRESPONDENCE TO: Fayetteville City Council THRU: Fred Hanna, Mayor FROM: Dale Frederick, Airport Manage DATE: 3-15-94 SUBJECT: APPROVAL OF A RESOLUTION AUTHORIZING A BUDGET ADJUSTMENT FOR THE CONSTRUCTION OF A NEW PASSENGER LONG TERM PARKING LOT. A budget adjustment of $102,466 with a $7,534 contingency is necessary to cover the expenses associated with the construction of a new 144 space passenger parking lot. The demand for long term parking at the airport has grown over the past two years in conjunction with increase in passenger traffic. Capacity is currently pushed to the limit with some passengers having to park on the grass outside the lot. This causes problems such as damage to the turf, loss of revenue, and frustrated passengers. Additional cleaning of the terminal is often required because of dirt that is tracked in by those passengers. The new lot will alleviate these problems by adding 144 new spaces. The lot will be curbed and a recirculation road will be constructed. This road will allow passengers to travel back to the terminal without having to use highway 71. All the work will be done by the City of Fayetteville Street Division. Republic estimate 1993. Parking, the current parking lot operator, gave the airport an cost of $162,000 for the construction of this new lot on July 13, The Airport Board approved this project during their August 13, 1993 meeting. Staff recommends approval. Attachment: Agenda Request Form DF/mhm City of Fayetteville, Arkansas Budget Adju stmen Form Budget Year 1994 Department: General Government Division: Airport Program: Airport Capital Date Requested 3/15/94 Adjustment * Project or Item Requested: Funding s requested to add parking for passengers at the airport. Project or Item Deleted: None Justification of this Increase: Project is anticipated to add approximately 144 parking spaces to the public parking lot at Drake Field. The City's Street Division is doing the work at an estimated cost of 5102,466. This request also includes a request for a project contingency of 57,534 for a total project cost of 5110,000. Justification of this Decrease: Fund Balance is sufficient to meet City policy. . Account Name Parking Lot Improvements Account Name Use of Fund balance Increase Amount Account Number Project Number 110,000 5550 3960 Amount Decrease 5819 00 Account Number Project Number 110,000 5550 0955 4999 99 Reques a.? B •get •.rdinator Approval Signatures Department Director . Services Director Mayor Budget Office Use Only Type: A BCD F Date of Approval Posted to General Ledger Entered in Category Log Budget Office Copy