Department
Library
Requested Action (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)
title
Present to the Board of Commissioners, the Spend-down Plan for remaining library bond funds accumulated from earned interest and project savings. (PRESENTED)
body
Requirement for Board Action (Cite specific Board policy, statute or code requirement)
Pursuant to Fulton County Code Section 1-117, the Board of Commissioners has exclusive control over the assets of the County.
Strategic Priority Area related to this item (If yes, note strategic priority area below)
Arts and Libraries
Commission Districts Affected
All Districts ☒
District 1 ☐
District 2 ☐
District 3 ☐
District 4 ☐
District 5 ☐
District 6 ☐
Is this a purchasing item?
No
Summary & Background Presentation to the BOC for spend-down plan for the remaining Library Bond Projects.
Scope of Work: The Fulton County Library System Director, Gayle Holloman, and the Administrator, Bond Construction, Al Collins, will present to the Board of Commissioners, the Spend-down Plan the Library Program Management Team (PMT) will use for the remaining library bond funds to benefit Library projects.
Community Impact: The successful and timely completion of library construction impacts communities countywide.
Department Recommendation: The Fulton County Library System recommends approval.
Project Implications: The cost of the spend-down items will be funded using library bond funds; therefore, it will not impact the County or Library operations.
Community Issues/Concerns: None that the Department is aware of.
Department Issues/Concerns: None that the Department is aware of.