ITEM TITLE:
#26-45 - Amending the 2026 City Budget by Transferring $142,000 of 2022 General Obligation Bond Proceeds to Municipal Well #5 Project
SUBMITTED BY: Kasey Walker, Capital Facilities Director
FISCAL NOTES:
Expenditure Required: $142,000
Unencumbered Balance: $1,442,052.88
Funding Source: 310-2536-58010
RECOMMENDATION:
Approve Resolution 26-45.
SUMMARY STATEMENT:
Requesting transfer of funds in the amount of $142,000 to pay for Copper Valley Electric (CVEA) to extend power to the new well-house facility.