City of Hermosa Beach --- 12-12-00

PROJECT NO. CIP 00-410 LOMA AREA SEWER IMPROVEMENTS –
RE-APPROPRIATION OF CAPITAL IMPROVEMENT FUNDS

 

Recommendation:

It is recommended that the City Council approve the re-appropriation of $43,600 in the 301 Capital Improvement Fund from FY 1999-00 to FY 2000-01.

 

Background:

At the March 14, 2000, meeting, City Council approved the appropriation of $43,600 from the CIP Fund for Project No. CIP 00-410 Loma Area Sewer Improvements. These funds were inadvertently left out when processing re-appropriations for FY 00-01 in August of this year; however, the funds have been encumbered.

 

Fiscal Impact:

Re-appropriate $43,600 in the CIP Fund for Project No. CIP 00-410 from FY 1999-2000 to FY 2000-2001.

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