Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Capital Projects topic
No spam. Unsubscribe anytime.
Public works asks finance committee to transfer $2 million from landfill fund to capital projects; motion carries
Summary
A Public Works official requested authorization to transfer $2,000,000 from the landfill fund balance to ‘sell 6 and 8’ capital projects to cover soft costs and bridge cash flow until bonding; the finance committee approved the transfer.
Get email alerts on the Capital Projects topic
No spam. Unsubscribe anytime.
The chair convened the Steuben County Finance Committee and Public Works asked the committee to authorize a $2,000,000 transfer from the landfill fund balance to capital projects described in the transcript as “sell 6 and 8.” The transfer was presented as a short‑term cash‑flow measure to cover soft costs while bonding is finalized.
“The request is to transfer $2,000,000 from landfill, fund balance to sell 6 and 8 capital project,” the Public Works agency official stated. A staff member explained the transfer will help with cash flow pending the approved bonding: “It’s gonna take a little bit to get cash flowed for that. So this gets the cash flow going.” Committee members asked whether the money was intended for engineering and related soft costs; the official confirmed it would cover those expenses.
A motion to approve the transfer was made and seconded and the committee voted to carry the motion. The committee did not record a roll‑call tally in the transcript; the motion was announced as carried by the chair.
The transcript uses the description “sell 6 and 8” for the capital projects; the project name or formal ordinance number was not provided in the meeting record. The committee did not provide an implementation timeline during the discussion.
