HomeMy WebLinkAboutCAPITAL PROJECT BUDGET_ OLD SAVANNAH ROAD/TWIGGS STREET IMPROVEMENTS PHASE II Augusta-Richmond County,Georgia CPB#323-041110-296823220
CAPITAL PROJECT BUDGET
OLD SAVANNAH ROAD/TWIGGS STREET IMPROVEMENTS
PHASE II
BE IT ORDAINED by the Commission-Council of Augusta-Richmond County,
Georgia that the following Capital Project Budget is hereby adopted:
Section 1: The project is authorized to CPB#323-041110-296823220 for Supplemental Agreement
Number Four in the amount of$69,570.00 for the Old Savannah Road/Twiggs Street
Improvement-Phase II project as requested by the AED.
Section 2: The following revenues are anticipated to be available to the Consolidated
Government to complete the project.
Special 1%Sales Tax,Phase III $ 2,060,000
SPLOST III Fund Balance $ 3,502,450
TIA Discretionary $ 69,570
$ 5,632,020
Section 3: Copies of this Capital Project Budget shall be made available to the
Comptroller for direction in carrying out this project.
Adopted this L day of0640?"201(Q
Approve•
/I7
A�j} f; Honorable Mayor,Hardie Davis,Jr.
In(llz,%N
Original-Commission Council Office
Copy-Engineering Department
Copy-Finance Department
Copy-Procurement Department
1 of 2
5.5.2011
Augusta-Richmond County,Georgia CPB#323-041110-296823220
CAPITAL PROJECT BUDGET
OLD SAVANNAH ROAD/TWIGGS STREET IMPROVEMENTS
PHASE II
CPB AMOUNT CPB NEW
SOURCE OF FUNDS CPB CHANGE CPB
SPECIAL 1%SALES TAX,PHASE III
323-04-1110-0000000-000000000 ($2,060,000) ($2,060,000)
SPLOST III FUND BALANCE ($3,502,450) ($69,570) ($3,572,020)
TOTAL SOURCES: ($5,562,450) ($69,570) ($5,632,020)
USE OF FUNDS
ENGINEERING
323-04-1110-5212115-296823220 $493,241 $493,241
RIGHT OF WAY
323-04-1110-5411120-296823220 $85,000 $85,000
CONSTRUCTION
323-04-1110-5414110-296823220 $4,984,209 $69,570 $5,053,779
TOTAL USES: $5,562,450 $69,570
$5,632,020
2 of 2 5.5.2011