Agenda Text
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Requesting approval to appropriate $1,500,000 from the Unreserved Fund Balance ("Free Cash") to the Street Reconstruction and Resurfacing Stabilization Fund to replenish reserves used to create the Small Business Emergency Relief Fund.
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Official Text
To the Honorable City Council:
I respectfully request that your Honorable City Council appropriate $1.5 million from the Unreserved Fund Balance ("Free Cash") to the Street Reconstruction & Resurfacing Stabilization Fund for the purpose of restoring reserves used to create the Small Business Emergency Relief Fund. An appropriation of $1.5 million dollars from the Street Reconstruction & Resurfacing Stabilization Fund to the Small Business Emergency Relief Fund was approved by your Honorable Council at your December 13th regular meeting.
My staff will be available to answer any questions you may have. Thank you for your consideration of this matter.
Respectfully Submitted,
Joseph A. Curtatone, Mayor