March 14, 2017

MEMO TO:           Mayor Barber and Board of Commissioners

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

SUBJECT:           Capital Project Ordinance Amendment- Bicycle and Pedestrian Fund

The Board of Commissioners is asked to approve the attached capital project ordinance amendment that formally appropriates an additional $3,693 for the recent CVS sidewalk / traffic island project. 

The total cost for this project was $7,386.  The attached capital project ordinance amendment reflects the Town’s 50% contribution from general revenues for the project, which are transferred from the General Fund.  The balance of the cost is provided by previously appropriated funds in the Bicycle and Pedestrian Fund (ultimately derived from fundraising activities).

I recommend approval of the attached budget amendment.