TO: Mayor and Members of City Council
THRU: Angel Wright-Lanier, ICMA-CM Candidate, Assistant City Manager
FROM: Bradley S. Whited, A.A.E., Airport Director
Tracey Broyles, Budget and Evaluation Director
DATE: January 13, 2020
RE:
Title
Adoption of Clerical Correction for Capital Project Ordinance Amendment 2020-29 Adopted by Council on December 9, 2019
end
COUNCIL DISTRICT(S):
Council District(s)
All
b
Relationship To Strategic Plan:
Goal IV: Fayetteville will be a highly desirable place to live, work, and recreate with thriving neighborhoods and a high quality of life for all residents.
* Objective D: To develop and maintain public transportation investments with high quality transit and airport services.
* Target for Action: Ensure Airport Terminal Renovation project is on time and on budget.
Executive Summary:
On December 9, 2019, Council adopted Capital Project Ordinance Amendment (CPOA) 2020-29 to appropriate $32,066,100 for the Part II Airport Terminal Renovation Project. Through a clerical error, the CPOA appropriated total revenues $100 less than intended and the ordinance was unbalanced. Staff recommends adopting the corrected version of CPOA 2020-29 to appropriate the additional $100 transfer from the Airport Operating Fund to balance the project ordinance appropriation as of the original adoption date.
Background:
The version of CPOA 2020-29 as adopted on December 9, 2019 is attached for reference purposes, along with the proposed correction.
Issues/Analysis:
There is no change to the total appropriation for the project. The corrected CPOA will simply appropriate the originally intended amount of funding from the Airport Operating Fund to balance the revenue and expenditure appropriations in the CPOA.
Budget Impact:
The additional $100 transfer is available in the current Airport Operating Fund budget.
Options:
* Adopt the corrected version of CPOA 2020-29 to add $100 to revenue appropriations to balance ...
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