Title
Approval of Budget Amendment BA5540G1-02-27-12 to reallocate $242,843 remaining funds in the MARTA Offset "Finish the Connection" project and Sidewalk Assessment Funds to supplement Transportation Sidewalk Projects and approval to sign an Amendment to the ARC-MARTA Offset Intergovernmental Agreement (IGA).
Body
Item Summary:
This Budget Amendment will reallocate $182,037 from the completed "Finish the Connection" project at Holcomb Bridge Road at SR 400 to the Pedestrian Improvement project and reallocate $60,806 in Sidewalk Assessment funds to supplement MARTA Offset Funds to construct MARTA sidewalk projects. Additionally, MARTA requires an Amendment to the ARC-MARTA Offset Funds IGA be signed to reflect the reallocation of the remaining Finish the Connection Funds to Pedestrian Improvements.
Committee or Staff Recommendation:
On January 25, 2012 the Community Development and Transportation Committee recommended placing this Item on the Mayor and Council Agenda.
Financial Impact:
Upon approval of BA5540G1-02-27-12, $305,375 will be available in the MARTA Pedestrian Improvement project, Cost Center 5540G1, Account #541415, Project #10TRA007, with an additional $60,806 in Sidewalk Assessment funds for a total of $366,181.
Presented by:
Steven D. Acenbrak, PE, LEED AP, Director of Transportation