Coversheet


Town of Huntersville REQUEST FOR BOARD ACTION 3/21/2016

REVIEWED:
Finance Officer

To: The Honorable Mayor and Board of Commissioners

From: Janet Stoner/Michael Jaycocks

Subject: Revised Capital Project Ordinance-Recreation Center

Approve revised Capital Project Ordinance for the construction of the Recreation Center in the amount of $5,336,889.64. Funds (2016 authorized GO Bonds in the amount of $400,000 and Capital Reserve Fund-Parks & Recreation in the amount of $198,000) which were previously approved for the Veterans Park are being transferred to the Recreation Center. In addition, Fund Balance from Hotel/Motel in the amount of $500,000 are being added.

ACTION RECOMMENDED:

Approve Revised Capital Project Ordinance for the Recreation Center.

FINANCIAL IMPLICATIONS:

See attached revised Capital Project Ordinance for the Recreation Center.

ATTACHMENTS:
	Description	Type
	Revised Capital Ordinance-Recreation Center	Cover Memo