Laserfiche WebLink
<br /> _____n____ ---- <br /> I <br /> . I <br />Budget Implications & Funding <br />I am proposing that funding come from the following sources: -I <br />$40,000 budgeted in 1996 from Park Fund <br />$45,191.50 budgeted in 1996 & 1997 from DNR Grant <br />$20.000 budgeted in 1997 Park Fund for Trail Development <br />$105,191.50 I <br />If the engineer's estimate of$38,500 for the final trail segment is accurate, expenses could I <br />exceed the budgeted expenditures and grant money by $228.85. Unfortunately, I cannot be <br />certain of the exact cost until contractors have bid in the final trail section. If expenses for this <br />project do exceed the $105,191.50, I would recommend that the funds be taken from the 1998 I <br />budgeted money for trails. The current five (5) year plan for the Park Fund recommends a <br />$20,000 expenditure annually for trail development. <br />Recommendation I <br />Staff recommends the adoption of the following motion: "Move to approve Resolution 96-43 <br />Accepting the Grant of$45,191.50 from the Minnesota DNR Cooperative Trail Grant Program." I <br /> I <br /> .1 <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> -. <br /> I <br />