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AGENDA ITEM REVIEW FORM
7.D.
Regular City Council Meeting
Meeting Date:
11/08/2023
Department Head:
Jenny Torres
Submitted By:
Jenny Torres, Acting City Manager, Administration
Action Requested:
Motion
Resolution

ITEM:

Discussion and possible action on any and all matters regarding Resolution No. 2295. A resolution of the Mayor and City Council of the City of San Luis, Arizona, accepting a proposed distribution from the Greater Yuma Port Authority. (Jenny Torres, Acting City Manager)

SUMMARY:

At the October 4, 2023 meeting of the Greater Yuma Port Authority (GYPA) Board of Directors, the GYPA Board voted to have the appointed representatives of each member agency deliver a proposal from GYPA to distribute $155,000.00 to each member agency. The $155,000.00 represents the original deposit of $100,000.00 and $55,000.00 for the cash call for FY2023-2024. The City of San Luis Council is asked to vote on its desire to accept the distribution. 

RECOMMENDATION / SUGGESTED MOTION:

I MOVE TO APPROVED AND ADOPT RESOLUTION NO. 2295 AND ACCEPT THE PROPOSED DISTRIBUTION OF $155,000.00 FROM THE GREATER YUMA PORT AUTHORITY. 

Fiscal Impact

IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
N/A
CITY/STATE/FEDERAL FUNDS:
N/A
TOTAL:
N/A
BUDGETED AMOUNT:
N/A
AVAILABLE AMOUNT TO TRANSFER:
N/A
ACCT NAME & GL#/REMAINING BALANCE BEFORE PURCHASE:
N/A

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

The City will be receiving $155,000.00 from the GYPA.

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