Substitute
Public Hearing: YES ☐ NO ☒ Department: Board of Commissioners - District 1
SUBJECT:
Title
Commission District(s): 1 & 6
To Transfer $125,000.00 from District 1 Park Bond Funds (POETA 104863.80314.541200.314) to the City of Dunwoody for the Purchase of 8 Acres of Park Land.
Body
Information Contact: Commissioner Nancy Jester
Phone Number: 404-371-2844
PURPOSE:
To transfer $125,000.00 from District 1 Park Bond Funds (POETA 104863.80314.541200.314) to the City of Dunwoody for purposes of purchasing 8 acres of park land.
NEED/IMPACT:
The transferred funds will be used by the City of Dunwoody for purchasing 8 acres of park land.
FISCAL IMPACT:
Make a $125,000 contribution to the City of Dunwoody (POETA 104863.80314.541200.314) resulting in a remaining project balance of $3,695.43.00.
RECOMMENDATION:
Recommended Action
Recommend that funds in the amount of $125,000.00 be transferred to the City of Dunwoody from District 1 Park Bond Funds (POETA 104863.80314.541200.314) to fund the purchase of 8 acres of park land; and authorize the Chief Executive Officer to execute all the necessary documents and contracts for the completion of the project.