Laserfiche WebLink
'` " REQU�ST F�R COU�lIClL ACTI0�1 oATE: 6/23/75 <br />. � <br />AGENDA SECTIOiV: ORIGINATING DEPT./D1V.: <br />Repor�s & Recommendatians Administration <br />ITEM NO.: ITEM DESCRIPTION: itevenue Sharing Funds <br />% . <br />Actual Use of Funds Received <br />DEP7. HEAb �1PPR�VAL. <br />MGR. REVIE�JRECOMMENDS_ <br />�c <br />The City of ��seville has received $i4,883 for the third entitZemer►t period ending 6/3Q/73, <br />and $1b4,203 ox the fourth entiClement period endin� 6/34/74. Regulations require �hat <br />funds must be expended or encumbered wi.thin 24 months froaz Che er►d of aay one entitlement <br />period. <br />The City Council has budgeted for the use of Federai ltevenue Shari.ng �unds as follows: <br />$125,000 City Hall <br />374,841 Fire Stati.on �k3 <br />Including this and all previous trans�ers, the following monies will now have been <br />transferred from �ederal Reven.ue Sharing: <br />$7.25,000 City Hall <br />L92,66b Fire Station �k3 <br />Ac�ion Requested <br />rfotion to �ransfer $74,883 for entitlement period �3 and $1b4,203 fa�� entitlement <br />period �k4 from rhe �ederal Revenue Sharing Trust Fund and encumber such funds for the <br />�onstrucrion of the City Hall and Fire Station �k3. <br />'� 6 Manth Entztlement Period <br />�* One Year fiititlement Per�od <br />