TO: Mayor and Members of City Council
THRU: Kristoff Bauer, Deputy City Manager
FROM: Michael Gibson, Parks, Recreation and Maintenance Director
Tracey Broyles, Budget and Evaluation Director
DATE: June 25, 2018
RE:
Title
Adoption of Capital Project Ordinance Amendment 2018-66 (Freedom Memorial Park Project) to Appropriate $465 of Donations
end
COUNCIL DISTRICT(S):
Council District(s)
2
b
Relationship To Strategic Plan:
Goal 4: The City of Fayetteville will be a highly desirable place to live, work and recreate with thriving neighborhoods and a high quality of life for all residents.
Executive Summary:
Capital Project Ordinance Amendment (CPOA) 2018-66 will appropriate $465 in donations received from the Cumberland Community Foundation for the Freedom Memorial Park Project.
Background:
The current capital project budget for the Freedom Memorial Park project, which was first established in 2002, is $565,920. Of this amount, $563,441 has been expended to date. If the CPOA is approved, the revised budget will be $566,385.
The City has received donations totaling $465 from the Cumberland Community Foundation through its Freedom Memorial Park Fund. These donations are being appropriated to fund engraving and other miscellaneous services related to the project.
Issues/Analysis:
None
Budget Impact:
There is no impact to the General Fund as the additional appropriation is funded by private donations.
Options:
1) Adopt Capital Project Ordinance Amendment 2018-66.
2) Do not adopt Capital Project Ordinance Amendment 2018-66 and provide further direction to staff.
Recommended Action:
Staff recommends that Council move to adopt Capital Project Ordinance Amendment 2018-66 as presented.
Attachments:
Capital Project Ordinance Amendment 2018-66