2000 CO is an older award which the funds need to spent rapidly to avoid arbitrage. Since O'Connor Boulevard will not have larger contracts/committments in place until Summer/Fall is recommended to move funds to P06 Chandler Road to spend the funds prior to this summer.
However, O'Connor Boulevard will have an increase of $1,234,456.23 in 2001 Road Bond from interest (non-departmental) request on separate agenda item. |