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CITY OF CENTERVILLE <br />REQUEST FOR ACTION <br />Verville <br />Agenda Item # <br />Department: <br />Requested Meeting Date: <br />VIII.2 <br />EDA <br />September 16, 2020 <br />TITLE OF ISSUE: <br />Release of Remaining 2020 EDA Budgeted Funds <br />BACKGROUND AND SUPPLEMENTAL INFORMATION: <br />The city's 2020 budget included a $22,800 transfer to the EDA. To date, the council has only authorized the <br />transfer of $10,000 of that budget. At this time, in order to complete the EDA's goals and programs, these <br />remaining funds are necessary. <br />COST AND SOURCE(S) OF FUNDING: <br />$12,800 -Transfer from City General Fund, as budgeted. <br />REQUESTED ACTION: <br />Motion to request transfer of remaining budgeted funds to the EDA from the City's General Fund. <br />For Clerk's Use: <br />SUPPORTED DOCUMENTS ATTACHED <br />Motion By: <br />Resolution Ordinance Contract Minutes Plan Map <br />Second By: <br />Vote Record: Aye Nay <br />Hanzal <br />Giovinazzo <br />Other (specify) <br />0 Weatherhead <br />0 Love <br />0 Wilharber <br />Refer to: <br />Consent <br />Tabled Until: <br />Regular <br />Other: <br />