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<br />, .~ .. ' .... <br />"......- - 'C <br /> Gn projects costL~; from -75 ,000. to;;25 0,000 ., adminis tra ti ve <br /> costs shall be 2,J of totr.l project costs. <br /> On projects costing fro!1i~1250,OOO. to ;~500,OOO. administrative <br /> costs shall. be ];~1; of tot::\l project costs. <br /> On projects costing 1.'1 excc s of . 500,000. the Villa;:::' Cmmcil <br /> shall determine en amount for I1dminiGtrative cost at tho tim.e the <br /> project is ordered. <br /> BE 1':2 t1'LCT1L..X. li..w00LV~L that at such tilae <,,3 '~:.pi tol Llprove, ()l1t - rojoctr" Lo,ve <br /> been oreercd ond fUl1<3,s fOI't)nymeni:. of such projects have b3en received by <br /> deposit of monies from benefit parties or receipt ofi.)()'l(-;~; issued for such <br /> proj ects a partial tra.'1sfer shell be made from Capital Outlay Fund to the <br /> Generol Func. in nn erLount oqUa.l to 755; of tr'B total costs of adnbi~]trotive <br /> costs for such projects. That UpOll coupletion of tb,at project an(! receipt of <br /> detrdls of cTl. p:rojcct cosk [;, finLil trn!lsfer of funds shall be :::2,60 from <br /> the Cn:'1i tal Outlay fund to the General Fund of the remainiil.':; sum duo to the <br /> General Fund for such proj ects under the procedill!~ formula. <br /> Hayor <br /> ---. <br /> Clerk <br /> ATTEST: <br /> ~)3.A1J <br />