Memo-09-12-2017-Item-9f

September 12, 2017

MEMO TO:           Mayor Barber and Board of Commissioners

FROM:                  Frank A. Rush, Jr., Town Manager

SUBJECT:           Capital Project Ordinance Amendment – Olde Cove Road Golf Cart Path

The Board of Commissioners is asked to approve the attached capital project ordinance amendment eliminating the multi-year project budget for the new Olde Cove Road golf cart path approved at the Board’s last meeting. 

Because a resident in the Olde Cove subdivision contributed the full $7,500 to cover 50% of path construction cost, and the Town will not charge an annual golf cart infrastructure fee over the next 5 years, there is no need to budget for this project in a multi-year project account.  As such, the capital project ordinance is no longer necessary.

The Town hopes to complete construction of the new golf cart path later this fall and winter, and all project expenses will be accounted for in the FY 17-18 Public Works department budget.

I recommend approval of the attached capital project ordinance amendment.