AGENDA #4f
MEMORANDUM
TO: Mayor and Town Council
FROM: W. Calvin Horton, Town Manager
SUBJECT: Budget Amendment for Traffic Signal Installation on Meadowmont Lane at Sprunt Street/Cedar Club Circle
DATE: January 9, 2006
PURPOSE
The attached ordinance would amend the Budget Ordinance for installation of a traffic signal on Meadowmont Lane at Sprunt Street/ Cedar Club Circle.
We recommend enactment of the attached ordinance.
At its November 21, 2005 meeting, the Town Council approved installation of a traffic signal on Meadowmont Lane at Sprunt Street /Cedar Club Circle. Please see Attachment 1 for an area map.
The Town Council agreed to accept $50,000 offered by the Cedars of Chapel Hill Retirement Community for the design and installation of the requested traffic signal with pedestrian amenities; and use Town funds for the remaining costs, estimated to be $15,000 from the Town’s current Capital Improvements Program Reserve funds. The Council resolution from November 21, 2005 meeting is provided in Attachment 2.
The attached ordinance would confirm the appropriate budget transfers and provide funds for the design and construction of a traffic signal on Meadowmont Lane at Sprunt Street/Cedar Club Circle.
The Manager recommends that the Council enact the attached ordinance that would amend the Budget Ordinance for installation of a traffic signal on Meadowmont Lane at Sprunt Street/Cedar Club Circle.
1. Area Map (p. 3).
2. Town Council Resolution, 2005-11-21/R-16 (p. 4).