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C <br />• <br />MEMORANDUM <br />• <br />July 5, 1979 <br />T0: Mayor and Council <br />FROM: J. R. Hudgens <br />SUBJECT: City Hall Building Fund <br />• <br />When we closed the books on fiscal year 1977 - 1978(September <br />30, 1978), we encumbered $15,000.00 in the City Hall Building Fund <br />to complete payment for items outside the scope of the P. G. Bell <br />contract, landscaping and furnishings. <br />Attached is a balance sheet prepared by Mary Davis delineating <br />expenses to date from that encumbrance and additional purchases that <br />need to be made. In order to complete the items on the list, Mrs. <br />Davis advises that we need to appropriate an additional $10,365.00. <br />The General Fund contingency as of July 27, 1979 has a balance <br />of $58,353.00. I recommend that Council appropriate from that amount <br />$12,000.00 to the City Hall Building Fund. This amount will allow <br />for any price increases that might occur and for some other items <br />needed. This appropriation will leave a balance in the Contingency <br />Fund o f $ 46 , 3 5 3.0 0 . _.~}---~ <br />JRH/md <br />,l R. Hudgens , <br />ity Administrator <br />• <br />