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Executive Managers/Budget Review . <br /> AGENDA ITEM <br /> Date: May 15, 2000 <br /> Department: Public Works Department Contact: Tammy Donahue <br /> Executive Manager Signature: <br /> 1. Item Title: Adjustments to Library Construction Funds <br /> BJE #0000012031 <br /> 2. Description of Item: <br /> With the completion of the bond sale for the library, final amounts are now available for the construction <br /> project. This recognizes the exact amount of interest paid on interfund loans, issuance. of certificates of <br /> participation for lease backed funding, sale of assets, cash transfer from Urban Renewal Fund, and adjusts <br /> debt payments m Fund 22 L <br /> <br /> 3. FiscalImpact: <br /> Are additional funds required? If yes, please provide the following: Yes <br /> Is this aone-time expenditure request? Yes <br /> Service Category Title: 97-Capital and 99-Non-Departmental <br /> Amount Fund(s) <br /> Increases expenditures by: $4,435,819 317 -Library Construction Bonds <br /> 3,840,047 318 -Library Construction -Other <br /> 17,037 525 -Parking Operations <br /> 3,200,000 812 -Urban Renewal Debt Service <br /> Decreases expenditures by: $ 35,819 317 -Library Construction Bonds <br /> 3,700,000 221 -Library Bond Debt Service <br /> 17,037 525 -Parking Operations <br /> 3,200,000 812 -Urban Renewal Debt Service <br /> Increases revenues by: $4,400,000 317 -Library Construction Bonds <br /> 3,854,130 318 -Library Construction -Other <br /> Decreases revenues by: $3,700,000 221 -Library Bond Debt Service <br /> 14,083 318 -Library Construction -.Other <br /> a <br /> NET IlVIPACT:' 0 <br /> _ _ _ _ <br /> <br />