City of Fayetteville
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File #: 21-2476    Version: 2 Name:
Type: Consent Status: Agenda Ready
File created: 1/10/2022 In control: City Council Regular Meeting
On agenda: 1/24/2022 Final action:
Title: Adoption of Clerical Correction for Capital project Ordinance Amendment 2022-40 Adopted by Council on November 22, 2021
Attachments: 1. CPOA 2022-40 MMTC (As Adopted), 2. CPOA 2022-40 MMTC (Corrected)
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO: Mayor and Members of City Council

THRU: Telly C. Whitfield, Ph. D., Assistant City Manager

FROM: Randy Hume, Transit Director
Kelly Olivera, Budget and Evaluation Director

DATE: January 24, 2022

RE:
Title
Adoption of Clerical Correction for Capital project Ordinance Amendment 2022-40 Adopted by Council on November 22, 2021
end

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


b
Relationship To Strategic Plan:
Goal IV: Desirable Place to Live, Work and Recreate
Objective 4.1: To maintain public transportation investments with high quality transit and airport services


Executive Summary:
On November 22, 2021, Council adopted Capital Project Ordinance Amendment (CPOA) 2022-40 to reallocate Federal Transit Administration grant funds and local matching funds between City projects. Through a clerical error, the CPOA reduced expenditures by $2,124 more than intended, resulting in the ordinance being unbalanced. Staff recommends adopting the corrected version of CPOA 2022-40 to increase the project expenditures by $2,124 to balance the project appropriation as of the original adoption date.


Background:
The version of CPOA 2022-40 as adopted on November 22, 2021 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 revise the project expenditure appropriation to the originally intended amount to balance the revenue and expenditure appropriations in the CPOA.


Budget Impact:
None


Options:
1. Adopt the corrected version of CPOA 2022-40 to increase the expenditure appropriation by $2,124 to balance against revenue appropriations.
2. Direct staff to amend the CPOA to decrease the revenue appropriation by $2,124.


Recommended Action:
Staff recommends that Council move to adopt the corrected version of Capital Project Ordinance Amendment 2022-40 effective with the original adoption date of November 2...

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