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HomeMy WebLinkAboutResolution 2568 Adjusting CDBG budget for water main replacement: 8-12-85 -- RESOLUTION NO. 2568 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, ADJUSTING THE BUDGET FOR COMMUNITY DEVELOPMENT BLOCK GRANT, CONTRACT NO. MT-CDBG-S84-H02. WHEREAS, on April 15, 1985 the City Commission authorized the execution of Community Development Block Grant Contract No. MT-CDBG-S84-H02: and WHEREAS, Attachment B to the contract, entitled Project Budget, contained the following two line items in the activity category of the budget: Rehabilitation Water Line Rehabilitation $340,000 $ 75,815 WHEREAS, the City Commission has advertised for bids for the water line rehabilitation and said bids have exceeded the preliminary estimate for water line rehabilitation as reflected in the Project Budget: and WHEREAS, paragraph 3 of the contract specifically authorizes the City of Bozeman to make adjustments between line items of the CDBG portion of Attachment B, in a total amount not to exceed five percent (5%) of the total contract amount, without prior written approval from the State so long as such transfers are within either the administration or the activity category: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA: Section 1 That, in accordance with paragraph 3 of the CDBG Contract No. MT-CDBG-S84-H02, the following two line items in the activity category of Attachment B, Project Budget, are hereby amended as follows: M _ REHABILITATION Original Amount Amendment Amended Budget $340,000 -$23,075 $316,925 WATER LINE REHABILITATION Original Amount Amendment Amended Budget $ 75,815 +$23,075 $ 98,890 PASSED AND ADOPTED by the Commission of the City of Bozeman, Montana, at a regular session held thereof on the 12th day of Auqust , 1985. ~. -~~. '\-~ ATTEST: ! et:/~ Clerk of the City Commission ;,. ,t s- -2-