City Council

(12) 23-0081 CD 3 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to the transfer of $2,205,000 from the Measure M Local Return Special Fund No. 59C/94 for a new capital project at 5159 North Escobedo Drive. Recommendations for Council action, pursuant to Motion (Blumenfield - Lee), SUBJECT TO THE APPROVAL OF THE MAYOR: ESTABLISH a new capital project entitled “North Escobedo Drive (5159) Storm Response,” and within Measure M Local Return Special Fund No. 59C/94 transfer $2,205,000 from Account 93V194 “Transportation” to a new account entitled “North Escobedo Drive (5159) Storm Response.” AUTHORIZE the City Administrative Officer (CAO) to make any technical corrections or clarifications to the above fund transfer instructions in order to effectuate the intent of this Motion, including any corrections and changes to fund or account numbers.