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HomeMy WebLinkAbout151-98 RESOLUTIONRESOLUTION NO 150-98 A RESOLUTION APPROVING A BUDGET ADJUSTMENT TO INCREASE THE ARLINGTON TERRACE PROJECT CONTINGENCY IN THE AMOUNT OF $11,500. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS - Section 1. That the City Council hereby approves a budget adjustment to increase the Arlington Terrace Project Contingency in the amount of $11,500. A copy of the budget adjustment is attached hereto marked Exhibit "A" and made a part hereof. . PASSED AND APPROVED this 17`" day of November , 1998. Jy : ; H v : j/ • APPROVED• t.e f, ATTEST: ---‘'‘ By: Heather Woodruff, City Clerk By: F ed Hanna, Mayor imiat 4 • • City ut Fayettfville, Arkansas Budget Adjustment Form EXHIBIT A Budget Year 1998 Department: Sales Tax Capital Improvement Fund Division: Program: Date Requested 10/29/98 Adjustment # Project or Item Requested: Additional funding is requested for the Arlington Terrace Project. Project or Item Deleted: None; funding remaining from Mission & North Intersection Project and Trust Street Project. Justification of this Increase: Kings Drive and Arlington Terrace intersection required more extensive rehabilitation than originally anticipated. Justification of this Decrease: The project funding proposed is from completed projects. Account Name Street Improvements Account Name Street Improvements Street Improvements Increase Expense (Decrease Revenue) Amount 11,500 Account Number 4470 9470 5809 00 Decrease Expense (Increase Revenue) Amount 7,234 4,266 Account Number 4470 9470 5809 00 4470 9470 5809 00 Project Number 98072 10 Project Number 95024 20 95020 20 Approval Signatures Re. ested B i de . 2J' id, ordinator dmin. ices Dir tor Blue Copy: Budget & Research / Yellow Copy: Requester Type: Budget Office Use Only A B / C 1 D E Date of Approval Posted to General Ledger Posted to Project Accounting Entered in Category Log C:\APPW8BUMBAAD.INARLING_TWK4