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Budget Amendment Request <br />BA #: 16-051 <br />DATE: July 11, 2016 <br />TO: Randy Newlon, City Manager <br />FROM: Mark D. Gisclar, Public Works Director <br />EXPLANATION OF REQUEST: <br />This budget amendment re -appropriates funding to cover costs associated with an agreement for <br />construction of the Oxford Road Complete Streets Improvements Project with Masci General Contractors, <br />Inc., in the amount of $1,841,073.64, and includes a 5% contingency to cover unanticipated <br />administrative -level change orders ($92,053.68), for a total of $1,933,127.32. This budget amendment <br />will provide sufficient funding for the City to execute the agreement in order to facilitate said work. <br />Resolution #: Reso Date: Asset #: Project #: PW 1302 <br />Account Number <br />Increase: <br />Account Description <br />Amount <br />305-0710-541.63-40 <br />Infrastructure <br />$1,754,459 <br />305-0000-381.11.40 <br />Transfer from 114 <br />$1,754,459 <br />114-0710-541.91-35 <br />Transfer to 305 <br />$1,754,459 <br />114-0000-389.90-00 <br />Other Non-operating Sources <br />$1,754,459 <br />305-0751-536.63-40 <br />Infrastructure <br />$178,669 <br />305-0000-381.04.00 <br />Transfer from 401 <br />$178,669 <br />401-0751-536.91-35 <br />Transfer to 305 <br />$178,669 <br />Decrease: <br />401-0751-536.63-40 <br />Other Improvements <br />(Live Oaks Force Main Rehab Project) <br />$150,000 <br />401-0754-533.46-00 <br />Repair & Maintenance <br />$28,699 <br />REQUESTED BY: r -` ° 1;°: Date: I` <br />_�4ark D. 6isclayTublk. Works Director <br />FINANCE DEPT: r ' -' w - Date: <br />Rebecca Bowman,°MBA, CGFM, CGFO, Finance Director <br />COMMISSION ACTION: <br />approved denied �,, Date: <br />FINANCE USE ONLY <br />Entered by: Date: Count: Group# Approved by: <br />Revised 9/25/13 <br />