File #: 10-G-166    Version: 1 Name:
Type: Staff Report Status: Recommended Motion (section B)
File created: 7/14/2010 In control: City Council
On agenda: 5/3/2010 Final action: 11/15/2016
Title: FUNDING ADJUSTMENTS FOR THE WATERFRONT 2020 PLAN INCLUDING BAYVIEW PARK, MEMORIAL SQUARE PARK, CENTENNIAL BEACH PARK, AND THE MILITARY HERITAGE PARK That funding in the amount of $125,000 as identified in Appendix “A” to Staff Report ENG003-10 for the Waterfront 2020 Plan be adjusted as follows: a) An increased draw from the Tax Capital Reserve (Account #13-04-0440) in the amount of $81,225; b) A reduced draw from the Development Charge Reserve (Account #11-05-0555) in the amount of $31,225; and c) Eliminate the debt financing in the amount of $50,000. (ENG003-10) (File: R04-WA)
Attachments: 1. ENG003-100426.pdf

Title

FUNDING ADJUSTMENTS FOR THE WATERFRONT 2020 PLAN INCLUDING BAYVIEW PARK, MEMORIAL SQUARE PARK, CENTENNIAL BEACH PARK, AND THE MILITARY HERITAGE PARK

That funding in the amount of $125,000 as identified in Appendix “A” to Staff Report ENG003-10 for the Waterfront 2020 Plan be adjusted as follows:

a)                     An increased draw from the Tax Capital Reserve (Account #13-04-0440) in the amount of $81,225;

b)                     A reduced draw from the Development Charge Reserve (Account #11-05-0555) in the amount of $31,225; and

c)                     Eliminate the debt financing in the amount of $50,000. (ENG003-10) (File: R04-WA)