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HomeMy WebLinkAboutResolution 2024 (40)Resolution No. 40 (2024) ST. CROI-X CQUNTY RESOLUTION AMENDING 2024 BUDGET CIP 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 WHEREAS, St. Croix County has amended the Capital Improvement Plan (CIP) budget on January 2, 2024 with Resolution 2 (2024) allocating an additional $335,877.40 to the Highway 35 Loop Bike Trail due to cost overruns; and WHEREAS, staff worked with State officials and were awarded additional TAP Grant funding to cover the cost overruns; and WHEREAS, the $335,877.40 was allocated out of the Government Center Project contingency funding; and WHEREAS, the Government Center Project contingency fund has a current balance of $681,705.16; and WHEREAS, the Government Center Project has a year of construction remaining with the third phase, including construction of new court rooms; and WHEREAS, any contingency fund amounts remaining at the conclusion of the project will become part of the CIP fund balance and available for other future projects. NOW, THEREFORE, BE IT RESOLVED that the St. Croix County Board of Supervisors does hereby amend the 2024 CIP budget to return the $335,877.40 to the Government Center Project contingency fund. Administration Committee Recommended 5-0 MOVER: Bob Long SECONDER: Bob Feidler AYES: Paul Berning, Scott Counter, Bob Feidler, Bob Long, Ryan Sherley EXCUSED: None St. Croix County Board of Supervisors Action: This Resolution was ADOPTED by the St. Croix County Board of Supervisors on: WYJ*r 1, :47 LLIU� u Christine Hines, County Clerk **Vote Requirement — Two-thirds Majority of the Entire Membership (13)