HomeMy WebLinkAbout1985-07-08 85-261 ORDER85-261
Introduced by Counci1or Car, JuW 8, 1985
CITY OF BANGOR
(TITLE,)(Drbef,... Authorizing Transfer of Foods for Street Reconstruction
By dw City Counil of MY of8anaor:
ORDERED,
THAT the Finance Director be and is hereby authorized to
transfer the son of Forty-five Thousand Dollars (845,000.00)
from the Reserve for Future Construction - General Fund, Account
No. 92-2235, to Account No. 52-60-20 (5097), Street Reconstruction.
STAUMIR OF FACT:
The present 1955 allocation for street reconstruction is
8350,000.00, and the proposed increase will amount to appxaxi-
mately 12.9 percent. Recent bide received for paving are approxi-
mately 15.7 percent higher than last year, primarily as the result
of a considerable increase in cost for asphalt. The budget increase
Is necessary if the proposed street paving list is to be completed.
In City Cown sit July 8J985 0 R8916A
Passed
Title
Ci C et: 6utMeiaing ttmefet of funds
for street momnstractLon Program
Intaodue d by
...COWcilnHn