Agenda Item Name:
Title
Approve the Budget Amendment for the Veterans Memorial Park Project
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Presenter:
Gina Peebles 352-538-8265
Description:
Approve the Budget Amendment to create budget for the Veterans Memorial Park Project #6194109 in the amount of $1,250,000.
Recommended Action:
Recommended Action
Approve the Budget Amendment
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Prior Board Motions:
May 28th 2019, the Board approved the resolution and Budget Amendment authorizing/recognizing the unanticipated revenue and approved the amendment to the Capital Improvement Plan (CIP).
Fiscal Consideration:
Fiscal Consideration
These funds are included in the Board approved Recreation allocation of WSPP and Park Impact Fees and the Project was presented and approved by the Board during the budget meetings in 2019. There are sufficient funds in 021 Wild Spaces Public Places (WSPP) and 339 Impact Fees to cover the project. The budget amendment is moving approved funds into the project created to track cost.
$1,100,000 from Fund 021 WSPP and $150,000 from Fund 339. $100,000 donation also promised from Rotary Clubs of Gainesville Foundation, not included in this total.
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Background:
The Rotary Clubs of Gainesville Foundation selected the Veterans Memorial Park Splash Park as one of their two partnership projects spanning two years.