Approve a Resolution Amending the FY23 Budget, BAF# 23-101-IFT (2), recognizing revenue from FEMA’s increased project funding and assigning the expenditures for the increased cost. Authorize the City Manager to execute the contract modification with FEMA for additional funding of the Broadmoor Acres / Fiske Boulevard Drainage Improvements project. FEMA’s Federal Share of 75% is $4,103,261.25, and the City’s 25% cost share is $1,367,753.75 totaling $5,471,015. Authorize the City Manager to request and execute a time extension for this contract agreement. (Interim Public Works Director)

What this record is

Amount

$5.47M

Runs until

no end date published in this record

Type

amendment

Field

Construction

Read automatically from the title of the official record. The source document below is authoritative.

Committee

City Council

Introduced

August 2, 2023

On agenda

August 8, 2023