Loading...
Item 15 - Appropriation of Redevelopment Funds for Joint Projects with Poway Unified School DistrictAGENDA REPORT CITY OF POWAY This report is included on the Consent Calendar. There will be no separate discussion of the report prior to approval by the City Council unless members of the Council; staff or public request it to be removed from the Consent Calendar and discussed separately. If you wish to have this report pulled for discussion, please fill out a slip indicating the report number and give it to the City Clerk prior to the beginning of the City Council meeting. FROM: DATE: SUBJECT: BACKGROUND Honorable Chairman and Directors of the Redevelopment Agency James L. Bowersox, City Man May 13, 1986 Appropriation of Redeveloment Funds for Joint Projects with Poway Unified School District The Redevelopment Agency has allocated frau the December 1985 Tax Allocation Bond Issue, $750,000 for theconstruction of a gymnasium/multi.-purpose roan room at Twin Peaks Middle School and`$,55 r000 : ands $135.,004_= for ballfield enhancement at Panerado and Midland School, respectively., The projects are now ready to proceed and it is necessary to appropriate the funds. RECCMMENDATION It is recannended that the City Council Agency appropriate the sum of ;$750,000 front the unappropriated fund balance of the Redevelopment Agency Administrative Fund (Account 39-8930P to Project No. 5507,. Joint Use Facilities - TWin Peaks Middle School; the sum of $135,000 to Project 5506, Joint Use Facilities Midland School; and the sum of $65,000 to Project No. 5505, Joint Use Facili- ties - Panerado School. JLB:cjb ACTION: MAY 13 1986 ITEM 1`5 AGENDA REPORT CITY OF POWA' This report is included on the Consent Calendar. There will be no separate discussion of the report prior to approval by the City Council unless members of the Council, staff or public �y { request it to be removed from the Consent Calendar and discussed separately. 7f you wish to 4Pc 4""''` THE have this report pulled for discussion, please fill out a slip indicating the report number In c and give it to the City Clerk prior to the beginning of the City Council meetinq. TO: Honorable Chairman and Directors of the g Redevelopment Agency FROM:. James L. Bowersox, Executive Direc DATE: May 13, 1986 SUBJECT: Appropriation of Redevelopment Funds for Joint Projects with Poway Unified School District G, BACKGROUND The Redevelopment Agency has allocated from the December 1985 Tax Allocation Bond Issue, $750,000 for the construction.of a gymnasium/multi-purpose room at Twin Peaks Middle School and $135,0`00 and $65,000 for ballfield enhancement at Pomerado and Midland School, respectively. The projects are now ready to proceed and it is necessary to appropriate the funds RECOMMENDATION '." It is recommended that the Agency appropriate the sum of $7501,000 from the unappropriated fund balance of the Redevelopment Agency Administrative Fund to Project No 5505, Joint Use Facilities Twin Peaks Middle School; the `sum `of $135,000 to Project 5506 Jo -int Use Facilities - Midland School; and the sum of $65,000 to Project No. 5507, Joint Use Facilities.— Pomerado School to (Account 39-`8930 JLB : sf ACTION; MAY 13 1986 ITEM 15