Atlantic City Council to hold hearing on Amended FY 2014 Budget
April 2nd, 2014 by Ric Hanson
A public hearing will be held this evening in Atlantic, with regard to the amending of the Fiscal Year 2014 City Budget. The hearing will take place as part of a regular meeting of the Atlantic City Council that begins at 5:30-p.m. in the Senior Citizen’s Center, next door to the City Hall/Police Department building. City Administrator Doug Harris says the total amendment amounts to $6-million 177-thousand 990-dollars.
Harris says the “Lion’s share of the amendment is due to the multi-year nature of the numerous bond-funded capital improvement projects” the City has undertaken over the past few years. The Amendments include: $134,500 for Public Safety; $6,000 for Public Works; $8,000 for Culture and Recreation; $9,750 for Community and Economic Development; $15,650 for General Government; $3, 937,000 for Capital Projects; $287,000 for Business Type/Enterprise (Storm Water/Wastewater-related); and $1,780,000 for Transfer Outs, which involve the movement of bond funds into the appropriate Capital Improvement Fund.
In other business, the Council will act on approving a Change Order amounting to $48,241, for a contract between Precision Concrete Services (PCS) and the City of Atlantic. The change order adds the reconstruction of 17th Street west of Redwood Drive, and replacement of a sanitary sewer on Maple Street between 9th and 10th Streets. The Council will also act on authorizing the City Administrator and/or Mayor to request bids for Improvements to the Storm Drainage System in the Alley between Linn and Oak Streets, by 3rd Street.
It’s hoped that modifications to the intake and flow of the storm drains in that area will reduce the risk of flooding to the area near the Akin Building Center and Nishna Valley Credit Union on 2nd Street.
The Council will also hear a report on a proposed Commercial and Residential Tax Exemption Program.