HomeMy WebLinkAbout2018-02-26 18-118 Order
02/26/201818-118
02/26/2018
18-118
Finance
Order
N/A
Title, Order
Authorizing Carry Forward Funding in the Amount of $190,475 from the FY 2017 Economic Development Fund
This Order will authorize a carry forward of $190,475 from the Economic Development Fund, 2017
budget. The fiscal year 2018 budget included a number of capital requests within the Economic
Development Fund that were recommended to be funded with funds received in fiscal year 2017 due
to the sale of a building. Authorizing the carry forward was inadvertently omitted from the annual
budget resolve. This oversight was discovered as staff prepares to move ahead with a project to
make upgrades on Maine Avenue. If approved, the carry forward will fund Maine Avenue widening
$100,000; 110 Hildreth Street roof repair/replace $50,000; 39 Florida Avenue improvements
$34,475; and $6,000 49 Florida Avenue improvements.
Finance Committee
02/21/2018
Recommend for passage
50
Consent
02/26/201818-118
CITY OF BANGOR ORDER
02/26/2018
18-118
Weston
Authorizing Carry Forward Funding in the Amount of $190,475 from the FY 2017 Economic Development Fund
Be it Ordered by the City Council of the City of Bangor that $190,475 from the FY 2017 Economic
Development Fund Budget is hereby carried forward to FY 2018 as anticipated to fund various FY 2018 capital
requests.
IN CITY COUNCIL
FEBRUARY 26, 2018
CO 18-118
PASSED
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CITY CLE