Title
Nicholson Drive Waterline Federal Funding Update
Brief Description: The City Manager would like to discuss the recent information we received regarding a reduction in the funding for the Nicholson Waterline Project with City Council and the Mayor.
Body
Legislative History
None
Purpose & Explanation
The City Manager would like to discuss the recent information we received regarding a reduction in the funding for the Nicholson Waterline Project with City Council and the Mayor.
The original funding request was for approximately $3,570,000, and it was reduced by the Federal Government to approximately 25% of the request, which is approximately $959,752.00.
Fiscal Impact
Currently Budgeted (Account #, $)
Supplemental Appropriation Required (Account #, $)
Appropriation Not Required.
Recommendation
Suggested Action
The City Staff will continue to look for other sources of funding for this project, unless otherwise directed by City Council.
Submitted by,
Thomas J. Sheridan, City Manager