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Subject: Communication from the Assistant Commissioner of Public Works/City Engineer, on behalf of the Harbor Commission, requesting to transfer $30,000 from the Harbor Commission Reserve funds into a new Capital Improvement Program budget account to assist in the funding of repairs at the 5th Street Boat Launch.(Res. No. 13-0205)
Recommendation of the Finance & Personnel Committee on 5-13-13: Permission be given to transfer $30,000.00 of reserve funds to assist in the funding of the 5th Street Boat Launch repair.
Fiscal Note: The Harbor Commission approved the transfer of $30,000.00 from reserve to be place in a new Capital Improvement program budget account to assist in the funding of repairs at the 5th Street Boat Launch. The Harbor Commission shares 50% of the revenue from boat launch fees with the Parks, Recreation and Cultural Services Department.