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AGENDA ITEM REVIEW FORM |
4.B.
Regular City Council Meeting
- Meeting Date:
- 08/10/2016
- Department Head:
- Tadeo De la Hoya
- Submitted By:
- Joselyn Medina, Assistant to Council/PIO, City Council
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 2016-2017. (Tadeo A. De La Hoya, Interim City Manager)
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 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 until the end of the Fiscal Year 2016-2017 on June 30, 2017.
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 until the end of the Fiscal Year 2016-2017 on June 30, 2017.
RECOMMENDATION / SUGGESTED MOTION:
I MOVE TO APPROVE, RATIFY AND AUTHORIZE APPROPRIATE CITY OFFICIALS TO PAY THE ANNUAL CONTRIBUTION TO THE GREATER YUMA PORT AUTHORITY, INC. FOR THE FISCAL YEAR 2016-2017 IN THE AMOUNT OF $50,000.00.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- Yes
- CITY/STATE/FEDERAL FUNDS:
- City
- TOTAL:
- $50,000.00
- BUDGETED:
- Yes
- AVAILABLE TO TRANSFER:
- No Transfer Required
- GL ACCT # & NAME/REMAINING BALANCE BEFORE PURCHASE:
- Account #100-110-80000, Contracted Services/ Remaining Balance $421,500.00
FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):
Account # 100-110-80000, City Council's Contracted Services. Contribution amount of $50,000.00 is budgeted for the 2016-2017 Fiscal Year.