Discussion and possible action to approve the following line item transfer for the Engineering Deparment:
Acct. Number
Acct. Name
Amount
Bal.
End Bal.
From:
605-3001-8801-7
Capital Outlay Water Utilities
$39,620
$644,192
$604,572
To:
605-1301-8801
Capital Outlay
$39,620
$0
$39,620
Issue: There is not enough funds in the account to pay last two (2) draws, the material testing fees and Change Order #2 for the required fire loop at the J.J.A.E.P. Project.
Solution: Transfer additional funds in the amount of $39,620.
Result: Availability of funds to pay contractor (Leyendecker Construction) and Material Testing Company (Carrillo & Associates).