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City of Fayetteville
File #: 24-4156    Version: Name:
Type: Consent Status: Agenda Ready
File created: 8/1/2024 In control: City Council Regular Meeting
On agenda: 8/12/2024 Final action:
Title: Necessary legislative actions as needed to move funding from a centralized location to carryout Council's directives, make adjustments as needed operationally, correct scrivener's errors regarding funding sources, and appropriate debt funding approved in the FY2025 Capital Improvement Plan and ARPA interest.
Attachments: 1. CPOs, 2. CPOAs, 3. CPO Close-outs, 4. BOA 2025-4
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO: Mayor and Members of City Council

THRU: Douglas J. Hewitt, ICMA-CM

FROM: Jeffery Yates, Assistant City Manager
Kimberly Leonard, CLGBO, CLGBO, CPA, MPA,
Budget & Evaluation Director

DATE: August 12, 2024

RE:
Title
Necessary legislative actions as needed to move funding from a centralized location to carryout Council's directives, make adjustments as needed operationally, correct scrivener's errors regarding funding sources, and appropriate debt funding approved in the FY2025 Capital Improvement Plan and ARPA interest.
end

COUNCIL DISTRICT(S):
Council District(s)
All


b
Relationship To Strategic Plan:
Goal V: Financially Sound City Providing Exemplary Services


Executive Summary:
Council is asked to adopt the following ordinances and amendments for the purpose of moving funding from a centralized location to carryout Council's directives, adjusting as needed operationally, correcting scrivener's errors regarding funding sources, and appropriating debt funding approved in the FY2025 Capital Improvement Plan and ARPA interest, as procedurally done in prior years.
* Budget Ordinance Amendment (BOA) 2025-4 to move the $100,000 funding for the hospitality officer from Economic & Community Development to Police, to move the $100,00 funding for major corridor beautification from Other Appropriations to Parks, Recreation & Maintenance, and to appropriate $232,838 of ARPA interest earnings from the General Fund fund balance to Economic & Community Development for microgrants in the amount of $130,000 and to the Transit Operating Fund for a Light Transit Vehicle grant match in the amount of $102,838.
* CPOA 2025-21 for the ALW Dam projects and CPOA 2025-22 for the Rose Lake Dam Analysis Project to amend Capital Project Ordinance (CPO) 2025-2 and 2025-7 to reclassify the funding source as Revenue Bond funding instead of General Obligation Bond funding.
* CPOA 2025-23 to amend CPOA 2025-15 for the Ramsey Street Pump Station Replacement...

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