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11.

Meeting Date:	06/22/2015
Capital Project Fund 605
Submitted for:	Rose Magana	Submitted By:	Rose Magana
Department:	Commissioners Court

Subject:

Discussion and possible action to approve that $71,000.00 currently budgeted in Capital Project Fund 605 (Building Maintenance and Construction), be unencumbered to pay for reimbursement costs associated with a Hwy 359 property development project in Phoenix Village Subdivision which is located in Precinct 2; and any other matters incident thereto.

Issue: There are property development reimbursement expenses associated with a Hwy 359 subdivision project that totals approximately $71,000.00.

Solution: Funding to pay for this expense is available in Fund 605 that was previously encumbered for another Precinct 2 project that has been completed.

Result: Reallocating these funds for this other county purpose will fulfill county obligations to reimburse developer with costs associated with the development of the subdivision.

Background:

n/a

Previous Court Action:

Fiscal Impact

Budget Account Number:	n/a
Funding Source:	n/a
Balance:	n/a
Financial Impact:
n/a