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City of Fayetteville
File #: 25-4734    Version: 1 Name:
Type: Consent Status: Agenda Ready
File created: 6/13/2025 In control: City Council Regular Meeting
On agenda: 6/23/2025 Final action:
Title: Adoption of Capital Project Ordinance Amendment 2025-54 to Clarify Funding Source for Payment-In-Lieu-Of Resurfacing Revenue
Attachments: 1. CPOA 2025-54
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO:                                            Mayor and Members of City Council

THRU:                      Adam Lindsay, Assistant City Manager

                                          Jeffery A. Yates, Assistant City Manager

 

FROM:                     Sheila Thomas-Ambat, Public Services Director

Kimberly H. Leonard, NCLGBO, NCLGFO, CPA, MPA, Budget and Evaluation Director

 

DATE:                      June 23, 2025

 

RE:

Title

Adoption of Capital Project Ordinance Amendment 2025-54 to Clarify Funding Source for Payment-In-Lieu-Of Resurfacing Revenue                     

end

 

COUNCIL DISTRICT(S):                      

Council District(s)

All                     

 

 

b

Relationship To Strategic Plan:

Goal III: City Investment in Today and Tomorrow

 

 

Executive Summary:

CPOA 2025-47 was approved by council on May 12, 2025 to appropriate $224,844 in-lieu of resurfacing funds to the Pavement Preservation Project. Council is asked to adopt Capital Project Ordinance Amendment 2025-54 to clarify the in lieu of resurfacing funds are located in the transportation capital project fund and are being transferred from the unassigned in-lieu of resurfacing revenue in this fund. There is no change in appropriation request at this time.

 

Background: 

Under Chapter 24, Article II, Section 24-72 of the City Code of Ordinances, utility companies whose work within a City Street degrades pavement to the extent that it meets resurfacing requirements have the option to make a payment in lieu of performing the required resurfacing.

 

 

Issues/Analysis: 

None.

 

 

Budget Impact: 

No impact to the General Fund.

 

 

Options

1. Adopt the Capital Project Fund Ordinance Amendment 2025-54.

 

2. Do not adopt the Capital Project Fund Ordinance Amendment 2025-54 and provide further direction to staff.

 

 

Recommended Action: 

Staff recommends that the Council move to adopt the proposed Capital Project Fund Ordinance Amendment 2025-54 as presented.

 

 

Attachments:

Capital Project Fund Ordinance Amendment 2025-54