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AGENDA ITEM REVIEW FORM |
2.D.
Work Session
- Meeting Date:
- 07/01/2020
- Department Head:
- Tadeo A. De La Hoya
- Submitted By:
- Francia Alonso, Assistant to Council/PIO, Administration
Action Requested:
Discussion Item - No Action to be Taken
ITEM:
Discussion and possible directions to staff on any and all matters regarding the contribution to the Greater Yuma Port Authority, Inc. for Fiscal Year 2020-2021. (Tadeo A. De La Hoya, City Manager and Francia Alonso, Assistant to Council/PIO)
SUMMARY:
Service: The Greater Yuma Port Authority (GYPA) provides Master Planning to the Port Authority's lands and capital for the development of those lands. GYPA is a non-profit corporation created by the City of San Luis, the City of Somerton, the County of Yuma, and the Cocopah Indian Tribe. Section 5.3 page 6 of the Restated and Amended By-Laws have set the contribution at $50,000.00.
Amount: The city has contributed funds since the inception of GYPA in the year 2000. The city has already budgeted funds in the amount of $50,000.00 for Fiscal Year 2020-2021.
Amount: The city has contributed funds since the inception of GYPA in the year 2000. The city has already budgeted funds in the amount of $50,000.00 for Fiscal Year 2020-2021.
RECOMMENDATION / SUGGESTED MOTION:
Discussion and possible directions to staff only, no action.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- Yes
- CITY/STATE/FEDERAL FUNDS:
- City
- TOTAL:
- $50,000.00
- BUDGETED AMOUNT:
- N/A
- AVAILABLE AMOUNT TO TRANSFER:
- No transfer required
- ACCT NAME & GL#/REMAINING BALANCE BEFORE PURCHASE:
- 100-110-80000 CONTRACTUAL SERVICES/ $395,146.42
FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):
These funds are budgeted in FY 2020-21.