Consider and take action on Ordinance No. 19-10, amending the City's fiscal year 2018-2019 budget to appropriate funds for Bay Street Shared Use Path. (Finance)

Bay Street Shared Use Path project is a federal funds (80%) and local match (20%) project.  The total project cost is $512,692, with 80% or $410,154 to be reimbursed to the City by Gulf Coast Center and the City's 20% match portion is $102,538. 

Specifics of the project are referenced in Resolution No. 19-039.  A budget amendment to the Texas City Dike Fund is required.

Budget Amendment:
Texas City Dike Fund (Fund 279):
Project Expenses                 $512,692.00
Grant Revenue                   ($410,154.00)
Unassigned fund balance   ($102,538.00)