Torrance
City Council
Agenda Item J
8J.Finance – Approve Discontinuation of Special-Purpose State Asset\nForfeiture Funds and Appropriate State Asset Forfeiture Funds.\nExpenditure: None.\nRecommendation of the Finance Director that City Council:\n1. Approve the discontinuation of the Special Programs and General\nComputers special-purpose State Asset Forfeiture funds and return\ntheir respective fund balances to the general State Asset Forfeiture\nfund; and\n2. Appropriate State Asset Forfeiture funds in the amount of\n$795,541.55 to the Computer Aided Dispatch (CAD)\nImplementation project (OP50-OP0014).