Title
Approval to reallocate the refund from the Oak Street Utility project to the AT&T Utility Relocation in the amount of $105,047 and approval of Budget Amendment 02-14-7323G1 in the amount of $105,047.
Community Development
Body
Item Summary:
The City has received a refund from Georgia Power related to the Oak Street relocation in the sum of $105,047. These funds can be used to offset the funds the City spent for the costs related to the relocatio of the AT&T utilities.
Committee or Staff Recommendation:
On January 25, 2012 the Community Development and Transportation Committee recommended placing this Item on the February 13, 2012 Mayor and Council Agenda.
Financial Impact:
Upon approval of budget amendment 02-14-7323G1, $105,047 will be available in Cost Center 7323G1, Account #541415, Project #06GRA004.
Presented by:
Alice Wakefield, Director of Community Development