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RESOLUTION NO. 106-2007
APPROPRIATING FUNDS FOR CIP PROJECT NO. C-481
FRONT STREETMUNICIP AL PARKING LOT
WHEREAS, on February 1, 2005, the Town Council adopted Resolution No 3-2005,
approving the inclusion of the Front Street Municipal Parking Lot, Project C-481 in the Five
Year Capital Improvement Program, and appropriating $4,262,000 for all project costs, net
of tenant relocation; and
WHEREAS, Project C-481 is now complete, and all costs associated with the project,
including tenant relocation costs are known; and
WHEREAS, actual project expenditures of $4,992,657, are within the budget established for
the project, and funding is available to cover all project related costs; and
WHEREAS, a final appropriation is now required in order to close out the project and
assure that the final project appropriation coincides with the total project expenditure
amount, now, therefore, be it
RESOLVED, that the banville Town Council hereby appropriates $730,657 in available
Community Development Agency funds for Project C-481, bringing the total project
appropriation to $4,992,657.
APPROVED by the Danville Town Council at a regular meeting on October 16, 2007, by
the following vote:
AYES:
NOES:
ABSTAINED:
ABSENT:
Shimansky, Andersen, Arnerich, Doyle, Stepper
None
None
None
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APPROVED AS TO FORM:
ATTEST:
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CITY ATTORNEY
CITY CLERK