Title
Second Reading Ordinance - Appropriating fund proceeds in the City's Capital Improvement Program Funds (1st Reading 9/23/14)
Ordinance appropriating funds as detailed in Attachment 1 summarized as follows:
$19,293.27 in AIRPORT interest earnings for the City's match for future FAA Grant Projects; $201,380.61 in BOND PROCEED interest earnings for Bayfront, Public Facilities, Fire, Police, Public Health and Safety, Sanitary Landfill, Convention Center, Parks, and Streets for the stated bond projects not yet complete, similar projects to be approved by City Council or the payment of debt service; $272,814.59 in UTILITY REVENUE BOND interest earnings for the support of the City's approved Capital Improvement Program; $135,529.63 in SPECIALTY BOND PROCEED interest earnings for Sales Tax Bonds for the Seawall, Packery Channel Bonds, and Energy Efficiency Bonds for the stated bond projects not yet complete, the support of the City's approved Capital Improvement Program, specific military supported projects and as determined by the Type A Board; and appropriating $239,234.33 in OTHER UNAPPROPRIATED FUNDS for Street Assessments, Construction Yard Lease Rental, Sale of Scrap, and Texas Department of Transportation Refund for the repair of city street due to private construction and other street expenses to be approved by City Council; and Changing the FY 2014 Capital Improvement Budget adopted by Ordinance No. 029916 to increase expenditures by total of $868,252.43.