CITY COUNCIL AGENDA ITEM
Memo Date: June 25, 2024
Agenda Date: July 9, 2024
Prepared By: Dave Radford, Senior Budget Analyst
Through: Rebecca Bowman, MBA, CGFO, CGFM, Finance Director; Stockton Whitten, City Manager
Requested Action:
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In accordance with the Financial Operations Manual (FOM) the City Manager shall submit to City Council in the form of an agenda item any approved change orders to construction contracts that the City Council has authorized the City Manager, by resolution, to approve in excess of the City Manager’s spending authority.End
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BACKGROUND:
The attached spreadsheets reference construction projects with a previously authorized “contingency” as of June 30th, 2024. The report provides the project number, project description, construction contract cost of project, contingency amount authorized, date of City Council approval, resolution number for authorization of contingency, requisition numbers, and expenditure by fiscal year.
The second line of each project in the third column under “Construction contract not to exceed $” references the contingency amount that the City Council or City Manager, if within his purchasing authority, has approved. The last line of each project provides the remaining balance as of the report date.
STRATEGIC PLAN CONNECTION:
N/A
BUDGETARY IMPACT:
None
PREVIOUS ACTION:
None
RECOMMENDED MOTION:
Recommendation
Informational Item Only