HomeMy WebLinkAbout1977-03-28 165 AE ORDERY
SEs AE
Infeoducea by Councilor arwntas, March 2e,. 1907
CITY OF BANGOR
(TITLE.) WP[�PT�_.Authoriaiag_Reallo catron o Y, ESnating Funding for
Certain Capital Projects
............. ............._ ____.._ .................
BytAe City CoyreNtofAs CltvefRae .
ORDERED,
THAT IGIERREAS, the City Council, by Council Order No. 198 AC
passed May 28, 1995, has authorized the expenditure of $65,000.00
for the contraction of a roadway to serve the proposed Brookside
Garden Development near the intersection of Grandview Avenue and
Essex Street, and '
WEEREAS, the City Council by Council Order No. 292 AN passed
July 26, 1996 has authorized the expenditure of $210,000.00 for the
construction of the proposed Glenwood Subdivision on Kenduskeag
Avenue, and
WHEREAS, the City Council has previously agreed to participate
in the completion of Phase I of the Judson Heights Subdivision,
but has not allocated funding for said completion, presently esti-
mated at $170,000.00,
NOW THEREFORE, be it
ORDERED, that in order to make full use of presently available
funds, adjustments shall be made to certain existing capital accounts
to provide priority funding for immediately pending developments, as
follows:
1. The sum of $25,000.00 to be transferred from Account No.
52-60-20 (5030), Barkersville Sewer, to the Reserve for Future
Construction - Sewers.
2. The total unencumbered balance of $651000.00 be trans-
ferred from Account He. 52-60-20 (5031), Brookside Drive Constric-
tion, to the Reserve for Future Construction - General.
3• The amount of $2109000.00 in Account No. 52-60-20 (5045),
Kenduskeag Associates Subdivision, be transferred to the Reserve
for Future Construction - General.
Ln Page Two
4. A new account in the amount of $150,000.00 be established
for Glenwood Subdivision (formerly Aenduskeag Associates), with
$35,000.00 to be transferred from the Reserve for Future Construction -
Sewer, and $115,000.00 to be transferred from the Reserve for Future
Construction - General.
STATTTIEW OF FACT'
Since the start of the Brookside Drive project is not contem-
plated for some time, and further major work on the Barkeraville
Sewer may be deferred, it is felt that the fluids described above
can be better used for other projects.
155 AE
IN clw col TL �✓
Mazch 28, 1977.
Paeaedr'
L:L✓7i .tee)
CITY CLCmw Titley -
PMiD9S}e}n9. Ra itt'on of,Fx}§4448. ECEIVED
CITY CS d -'80R
-' enwi� [or cerxeidca ixai z :-FILE
.......9 ............... P..... iojec s
°n;i4i 224 'Pill 2 13
=oaac a age fila
councilman