ITEM TITLE:
#22-26 - Amending the 2022 Budget by Accepting $294,000 in Additional Revenues from Valdez City Schools for the Previously Approved Walk-in Cooler and Freezer Replacement Project and Appropriating Expenditures
SUBMITTED BY: Jordan Nelson, Interim Finance Director
FISCAL NOTES:
Expenditure Required: $294,000
Unencumbered Balance: n/a
Funding Source: Valdez City Schools
RECOMMENDATION:
Approve
SUMMARY STATEMENT:
• City projects staff will manage the Walk-in Cooler & Freezer Replacement Project and oversee the completion of the project.
• Valdez City Schools will remit payment to the City of Valdez for the $294K project amount.