City Council

5. Resolution No. 26-57 - Approving a Fund Exchange Agreement of METRO Proposition A (“Prop A”) Local Return Funds Between the City of Walnut the City of Walnut and the City of Commerce for Proposition A Local Return Fund Exchange; substantially the form attached and in such final form as approved by the City Attorney; Prop A Reserves into Account 23-5307-6227; Funds for $1,125,000 in unrestricted funds from the City of Commerce; and revenue received from Proposition A Local Return Fund Exchange between the City of Walnut and the City of Commerce. COUNCIL DISCUSSION/TRANSACTION ITEMS: