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CITY OF COLTON <br />AGENDA REPORT <br />For Council Meeting of July 31 1990 <br />TO: Honorable Mayor and City Council <br />FROM: EDMUND SOTELO, CITY MANAGER <br />SUBJECT: PARK DEVELOPMENT FUND REAPPROPRIATION Date: JUNE 29, 1990 <br />I: -&.!e*, a 6 I.IIII <br />Municipal and Veteran's Park fund accounts have insufficient funds to meet renovation <br />expenses for Hutton and Luque Community Centers and for the Municipal ballfield <br />fence project. In order to meet current and future expenditures, Park Development <br />funds need to be reappropriated. At the June 20 Park and Recreation Commission <br />meeting, the Commission recanrnended that Park funds be reappropriated. <br />STATEMENT OF THE PROBLEM <br />Park Development funds from inactive or completed project accounts which include <br />McKinley Playground, $270,000; Cooley House, $26,000; and Rich Dauer Park, $95,221.02 <br />needs to be reappropriated to Municipal and Veteran's Park to meet active project <br />expenditures, identified in the Five Year Park Plan. <br />►. = <br />None <br />FINANCIAL IMPACT <br />None <br />'1I--� g It �. <br />Staff recommends that City Council approve the reappropriation of Park Development <br />Fund. <br />City Manager's Concurrence <br />Report prepared by Ray Gonzales, Recreation Manager <br />RG:lz <br />Attachments: <br />o>►�t�►n��r <br />Page 1 of "F "_;1-�. <br />{S.'1 L RECORDS \ Item No. 3 <br />„F <br />FILE NO. a0�,..... --... <br />