City Council

E. APPROVAL OF PROPOSITION A FUNDS ASSIGNMENT AGREEMENT WITH\nFOOTHILL TRANSIT\nThe City Council is requested to approve an agreement for Proposition A Local\nReturn fund exchange.\nRecommendation:\n1. Approve the Proposition A Local Return fund exchange with Foothill Transit;\n2. Authorize the City Manager to execute the Assignment Agreement; and\n3. Approve the budget amendments:\na. Increase Expenditure Budget of $1,000,000 from Proposition A Fund; and\nb. Increase Revenue Budget of $750,000 in General Fund.