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2004 <br /> Budget Adjustments <br /> Tally Sheet <br /> Department Code Rev Exp FB <br /> GGA-9 Special Projects Amendment-Snoh River Salmon Habitat Restoration/Tulalip Tribe 115A 50,000 50,000 <br /> GGA-9 General Fund Amendment-Snoh River Salmon Habitat Restoration/Tulalip Tribe 009A 50,000 (50,000) <br /> .............__._.......................... <br /> The settlement agreement between the City and the Tulalip Tribes on the 41st Street litigation provides <br /> that after the Tribes withdraw from litigation, the City will put$50,000 into a fund to be used for <br /> salmon restoration on the Snohomish River. The City has received notice that the Tribes have <br /> withdrawn. The use of these funds is limited to salmon restoration efforts. If a disagreement as to the <br /> use of the $50,000 restoration funds arises, the Tribes and the City will submit the issue to alternative <br /> dispute resolution. This amount will be automatically reappropriated until spent. <br /> Transfer in from General Fund 115 3970061002 50,000 <br /> Increase Professional Expenditures budget 115 5610000410 50,000 <br /> Transfer to Special Projects Fund 009 5000900550 50,000 <br /> Decrease General Fund Ending Fund Balance 009 5980000490 50,000 <br /> (To be offset by unanticipated revenues-See GGA 22&23) <br /> Department Code Rev Exp FB <br /> GGA-10 Non-Dept Amendment-Property Room Lease Extension 009A I 28,386 (28,386) <br /> A lease extension for the Property Room has been negotiated with Everett Professional Properties LLC <br /> for the 11,000 +/-square feet located at 2730 Colby Avenue. <br /> The lease amendment is for two years and begins on October 1st of 2004 and terminates on <br /> September 30, 2006. In addition there is an option for two one-year extensions that are activated by <br /> giving notice to the lessor at least 90 days prior to the lease termination. The gross lease rate will be <br /> $9,462 per month, which is the same amount that the city currently pays. The options are for the <br /> same amount. <br /> The existing budget expires on September 30, 2004. Additional funding for the remaining three <br /> months of the year is required. ($28,386) <br /> Increase Lease Expense 009 5000023450 28,386 <br /> Decrease Ending Fund Balance 009 5980000490 28,386 <br /> (To be offset by unanticipated revenues-See GGA 22&23) <br /> Tally 2004 11/8/2004 ATTACHMENT A <br />