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Council reallocates about $329,000 from Mercedes tank improvement to SR 215 utility work
Summary
The committee approved 2022B bond budget revision No. 11 to move roughly $329,000 from the Mercedes tank improvement closeout into SR 215 utility-relocation betterments that the grant will not cover.
The Tuscaloosa City finance committee approved 2022B Bond Budget Revision No. 11, reallocating just under $330,000 from the Mercedes tank improvement project to support betterments on the SR 215 utility-relocation project.
Miss Standridge described the item as a single-part revision that closes out the Mercedes tank improvement budget with about $329,000 available to be moved into the SR 215 project for betterments that the ALDOT grant will not cover. She told the committee the money will be put back to contingency when that project closes out if any funds remain.
A committee member asked about the total recovered amount; Miss Standridge said it was "just under $330,000" (reported in the discussion as approximately $329,000). The committee approved the revision by voice vote.
The motion reallocates the bond funds to cover project betterments not funded by the state grant; the committee did not provide an itemized list of the betterments during the verbal presentation.
