HomeMy WebLinkAbout10-295SEPTEMBER 15, 2010 10 -295 RESOLUTION
(CARRIED 5 -0 LOST LAID OVER WITHDRAWN )
PURPOSE: APPROVE BUDGET ADJUSTMENT IN THE AMOUNT OF
$50,000 TO FUND STREETSCAPE IMPROVEMENTS IN
THE DOWNTOWN BID DISTRICT
INITIATED BY: CITY ADMINISTRATION
WHEREAS, on August 10, 2010, the Oshkosh Common Council approved a
request from the Downtown Business Improvement District (BID) to provide up to
$50,000 in city funds to match private funds raised for streetscape improvements in the
Downtown BID District; and
WHEREAS, there is no funding included in the Main Street reconstruction project
account to fund these improvements; and
WHEREAS, funds are available in the amount of $59,000 that were budgeted for
an Alarm System Replacement at the Oshkosh Public Library that is not needed at this
time, nor anticipated at any time in the near future;
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Oshkosh that $50,000 be transferred from the Alarm System Replacement Project to
the Main Street Reconstruction project account for the purpose of matching private
funds raised for Streetscape Improvements in the Downtown Business Improvement
District.