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Coats closes waterline replacement capital project after construction and grant payments complete
Summary
The Board approved closing the Waterline Replacement Project (SRP-D-ARP-0282), noting construction and grant-related payments are complete and directing finance staff to make the necessary transactions to close the project.
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Finance Director Connie Lassiter told the Board that construction on the Waterline Replacement Project (SRP-D-ARP-0282) had been completed, grant revenue had been received and payments issued for all expenses related to the project; the Board approved the ordinance to close the capital project and authorized related accounting transactions.
The minutes record that staff will direct the Finance Director to execute the transactions included in the closing ordinance; no new appropriations were noted in the minutes and the action was presented as a procedural close-out of a completed grant-funded project.
