Title
A Resolution authorizing an amendment to the Fiscal Year 2018-2019 Annual Budget to transfer from fund balance Park Impact Fees, and to appropriate such funds for the Ponce Circle Park Project.
Body
In order to meet the funding needs of the Ponce Circle Park project, staff is recommending the utilization of available Park Impact Fees. The transfer amount is $1,000,000.
An amendment to the Fiscal Year 2018-2019 annual budget is required to transfer from fund balance Park Impact Fees, and to appropriate such funds to for the aforementioned purpose.