Item:
Title
Capital Project Amendment No. 21CPA000010 Reducing Eight Completed Capital Projects by the Remaining Balance and Budget Amendment No. 21BCC000041 Transferring $339,054.59 of the Remaining Funds to the Capital Financing Fund and $195,947.90 to the Debt Service Fund
Body
Date of BOCC Meeting: October 12, 2020
Request for Board Action:
Agenda Text
The Board is hereby requested to approve Capital Project Amendment No. 21CPA000010 reducing eight completed capital project remaining balances to zero, and Budget Amendment No. 21BCC000041 transferring $339,054.59 of the remaining funds to the Capital Financing Fund and $195,947.90 to the Debt Service Fund.
The following Capital Projects have been completed. Further Board action will be requested in the future to officially close these projects.
Project Name
Project #
Current Budget
Increase/
(Decrease)
Revised Budget
Single Family Rehabilitation Program
41201200DC095
$294,800
($1,972.96)
$292,827.04
Single Family Rehabilitation 13
41201200DC097
$170,000
($2,414.73)
$167,585.27
Scattered Site Housing Iii Project
4120DC096
$412,000
($122.52)
$411,877.48
Emergency Responder Radio Upgrade
43203600DC002
$6,100,000
($178,671.54)
$5,921,328.46
New Junction Road Industrial Site
47302635DC140
$1,315,000
($12,766.15)
$1,302,233.85
Rougemont Comm. Water System Ph Control
47302635DC144
$97,545
($7,454.59)
$90,090.41
Dtcc-Newton Building Expansion
59205300CC009
$320,000
($320,000)
$0.00
Dtcc-Northern Durham Expansion
59205300CC010
$1,000,000
($11,600)
$988,400.00
Total
($535,002.49)
The $535,002.49 remaining will be reduced from the corresponding Capital Project Funds and transferred to the Capital Financing Fund and Debt Service Fund per below tables for future use on other projects.
Capital Project Fund Name
Amount to be Transferred to Debt Service Fund
2010 Single-Family Rehabilitation Program
$1,972.96
2012 Cdbg-Scattered Site Housing
$122.52
2013 Single-Family Rehabilitation Program
$2,414....
Click here for full text