Discussion and action to approve a Resolution to allocate investment earnings on unspent bond proceeds to projects and purposes within the relevant bond authorization to the following projects in an aggregate amount of $4,513,245.31: Museum of Art; McRae Shared Use Path - Phase II; Modesto Gomez Park; and Chalio Acosta Recreation Center. Further, that the City Manager, or designee, be authorized to execute all documents and perform all actions necessary to effectuate the reprogramming of funds.

Committee

City Council

Requested by

Capital Improvement Department

Introduced

February 27, 2024

On agenda

March 12, 2024

Where it was heard

City Council Mar 12, 2024 Approve Pass

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