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HomeMy WebLinkAbout209-12 RESOLUTIONRESOLUTION NO. 209-12 A RESOLUTION APPROVING A BUDGET ADJUSTMENT IN THE AMOUNT OF $15,000.00 RECOGNIZING REVENUE FROM THRASH DEVELOPMENT FOR ITS CONTRIBUTION TOWARD IMPROVEMENTS TO THE EAST AVENUE AND MEADOW STREET SIDEWALKS BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached as Exhibit "A", in the amount of $15,000.00 recognizing revenue from Thrash Development for its contribution toward improvements to the East Avenue and Meadow Street sidewalks. PASSED and APPROVED this 8th day of November, 2012. APPROVED: ATTEST: B By: 6L, styy, SONDRA E. SMITH, City Clerk/Treasurer City of Fayetteville, Arkansas Budget Adjustment Form V12.0724 Budget Year 2012 Division: Transportation Services Department: Transportation Services • Request Date 11/8/2012 Adjustment Number BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION This budget adjustment recognizes $15,000 contributed by Thrash Development for its contribution toward improvements to East Avenue - Meadow Street sidewalks. /D-1 D€v€sii ead ' _J Date /62/ dget Director Date ..--------- eD -,5-2.— D epa rtm e -Z— Departure !rector Date '-p 0, • Q €0 - )3. 20 L Finan !rector Date Chief ,, *taff a or Account Name Sidewalk Maintenance Pymts by property owners Date ate Prepared By: John Nelson Reference: Budget & Research Use Only jnelson Type: A B C D E P General Ledger Date Posted to General Ledger Checked / Verified Initial Date Initial Date TOTAL BUDGET ADJUSTMENT 15,000 15,000 Increase / (Decrease) Project.Sub Account Number Expense Revenue Number 4470.9470.5418.00 7) 15,000 - 02053 . 1 4470.0947.4420.00 zi - 15,000 02053 . 1 EXHIBIT K:\01_Financial Services\Budget\2012 Budget\Transportation\Budget Adjustments\BA Form 2012_Chancellor Hotel 1 of 1 John Nelson Submitted By City of Fayetteville Staff Review Form City Council Agenda Items and Contracts, Leases or Agreements 11/8/2012 City Council Meeting Date Agenda Items Only Transportation Division Action Required: Transportation Services Department A resolution approving a budget adjustment in the amount of $15,000 recognizing revenue from Thrash Development for its contribution toward improvements to East Avenue - Meadow Street sidewalks. Cost of this request Account Number 02,052 Project Number Budgeted Item Category / Project Budget Program Category / Project Name Funds Used to Date Program / Project Category Name Remaining Balance Fund Name Budget Adjustment Attached x Departmor r - L d�Lil y ' ttorney Pa►..,9► /0 » / S. /Z Previous Ordinance or Resolution # Date /0 -Original Contract Date: a (5-12- Original Contract Number: Date Finance and Internal Services Director tG•2.1-2017. Date 7.0 .-JD- Date Da e Comments: Revised January 15, 2009 a'F�ftve eville THE CITY OF FAYETTEVILLE, ARKANSAS DEPARTMENT CORRESPONDENCE ARKANSAS www.accessfayetteville.org CITY COUNCIL AGENDA MEMO To: Mayor and City Council Thru: Don Marr, Chief of Staff Terry Gulley, Transportation Services Director -h From: John Nelson, Management Accounting Coordinator Date: October 16, 2012 Subject: East Avenue — Meadow Street Sidewalk Improvements PROPOSAL: A resolution approving a budget adjustment in the amount of $15,000 recognizing revenue from Thrash Development for its contribution toward improvements to East Avenue — Meadow Street sidewalks. RECOMMENDATION: Construction of a 231 linear foot sidewalk on the east side of East Avenue between Meadow and Center streets, and construction of a 176 linear foot sidewalk on the south side of Meadow Street between East and College avenues was completed in July 2012. Transportation Division crews also installed new curb, brick pavers, tree grates, and street lights. Thrash Development contributed $15,000 toward the project as well as purchased three trees. BUDGET IMPACT: Construction of the sidewalk, curb and related improvements to East Avenue — Meadow Street sidewalks was funded by the Sidewalk Improvements capital project. RESOLUTION NO. A RESOLUTION APPROVING A BUDGET ADJUSTMENT IN THE AMOUNT OF $15,000.00 RECOGNIZING REVENUE FROM THRASH DEVELOPMENT FOR ITS CONTRIBUTION TOWARD IMPROVEMENTS TO THE EAST AVENUE AND MEADOW STREET SIDEWALKS BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached as Exhibit "A", in the amount of $15,000.00 recognizing revenue from Thrash Development for its contribution toward improvements to the East Avenue and Meadow Street sidewalks. PASSED and APPROVED this 8th day of November, 2012. APPROVED: ATTEST: By: By: LIONELD JORDAN, Mayor SONDRA E. SMITH, City Clerk/Treasurer Ye ENGINEERING DIVISION , _ /1 SIDEWALK CONSTRUCTION "i w. """•" EAST AVENUE - MEADOW STREET J