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AGENDA ITEM REVIEW FORM
5.C.
Regular City Council Meeting
Meeting Date:
09/12/2018
Department Head:
Tadeo A. De La Hoya
Submitted By:
Francia Alonso, Administrative Coordinator, Administration
Action Requested:
Motion

ITEM:

Discussion and possible action on any and all matters regarding the contribution to the Greater Yuma Port Authority, Inc. for Fiscal Year 2018-2019.  (Tadeo A. De La Hoya, City Manager and Francia Alonso, Acting Public Information Officer)

SUMMARY:

Service:  The Greater Yuma Port Authority provides Master Planning to the Port Authority's lands and capital for development of those lands.  The Greater Yuma Port Authority 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. 

Amount: The city has contributed funds since the inception of the Greater Yuma Port Authority in the year 2000.  The city has already budgeted funds in the amount of $50,000.00 for Fiscal Year 2018-2019 ending on June 30, 2019.

RECOMMENDATION / SUGGESTED MOTION:

I MOVE TO APPROVE THE CONTRIBUTION OF $50,000.00 TO THE GREATER YUMA PORT AUTHORITY FOR FISCAL YEAR 2018-2019.

Fiscal Impact

IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
YES
CITY/STATE/FEDERAL FUNDS:
City
TOTAL:
$50,000.00
BUDGETED AMOUNT:
YES
AVAILABLE AMOUNT TO TRANSFER:
No Transfer Needed
ACCT NAME & GL#/REMAINING BALANCE BEFORE PURCHASE:
100-110-80000/Contractual Services/

FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):

Contribution amount of $50,000.00 is budgeted for the 2018-2019 Fiscal Year.

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