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.