APPROPRIATION REQUEST FOR PROJECT NO. CIP 99-144 
reconstruction of the Strand bikeway and pedestrian walkway
 between 24th Street and 35th Street

 

Recommendation:

It is recommended that the City Council approve the appropriation of $2,346 interest earned on Transportation Development Act (TDA) funds received for Project No. CIP 99-144 Strand Bikeway and Pedestrian Walkway Between 24th Street and 35th Street.

 

Background

Funding received from the Metropolitan Transportation Authority (MTA) for this project has earned interest, which must be spent by June 30, 2000 or be returned to the MTA.

 

Fiscal Impact:

Appropriation of $2,346 to account 115-8144-4201 will exhaust the remaining balance held in the TDA local portion of the State Gas Tax Fund.

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