City Council

E. APPROVAL OF PROPOSITION A FUNDS ASSIGNMENT AGREEMENT WITH FOOTHILL TRANSIT The City Council is requested to approve an agreement for Proposition A Local Return fund exchange. Recommendation: 1. Approve the Proposition A Local Return fund exchange with Foothill Transit; 2. Authorize the City Manager to execute the Assignment Agreement; and 3. Approve the budget amendments: a. Increase Expenditure Budget of $1,000,000 from Proposition A Fund; and b. Increase Revenue Budget of $750,000 in General Fund.