HomeMy WebLinkAbout1999-06-28 99-249 ORDERCOUNCM ACTION
Item No 99-269
Date: June 28, 1999
ItenuSubject: Order transfering $25,000 from Mansfield Stadium Construction
Bond to the Armory Construction Bond to complete Life Safety Construction
Responsible Department: _ _ _ Project.
Cormmentary:
The City borrowed $30,000 several years ago to seal the roof of Mansfield
Stadium to reduce water penetration into the grandstand. This project
has not been done because the actual bid was par more than the budgeted
amount. We have proposed borrowing an additional $35,000 in PY00 in
order to complete this project.
In order to meet the immediate needs of the Armory Project we are requesting
that the Council anthorlae the transfer of $25,000 from the existing
Mansfield account to the Armoty account project and that the amount
n
to be borrowed next year for Mansfield Stadium be increased to
$60,000. This will have a negligible effect on thePY00 budget ($625)
and will allow bath projects to be completed.
1.
p ss Depaninent Head
Manager's Comments: �yJ 2ltafs I �Lt'b rwl
Ciry Manager
Associated Information: 0 na,v 1
Budget Approval:
Finance Director
Legg Approval: Z40
ty Solicitor
Int need for
Passage
_First Reading Page _of—
_Referral
Ameigned toCouncilor Crovley lune 28, 1999
CITY OF BANGOR
7�ransferinq $25,000 f om Mansfield Stadium Construction
Bond t0 the Armory Construction Bond t0 Complete Life Safety Construction
By ds Cite Council offka City of BanVmr
ORDERED,
TEAT the amount of $25,000 is hereby transfered from Mansfield
Stadium Construction Bond Account 7609-91008700 to the Armory Construction
Bond Account 7514-91008700 in order to complete Phase IV of the Armory
Construction Project.
IN CfT COUNCIL
Tose M. 1999
Matiw for Passage Made and
Secwded
Passed
SE
99-269
0x ocn
Title, Transferring {25.000 from Mansfield
SeadLm Cwstrwtiw Bond to tM Armory
Caoe[rw[iw
Bond to Complete Life Safety
Coosiiuiion' pioject'
.........)/�.. I ...�..�........ �...... j�.. /... .
U Councilman