File #: 16-403    Version: 1 Name: WFLP authorization to transfer Metro Local Share Funds to the project
Type: Report Status: Consent Agenda
File created: 6/28/2016 In control: City Commission
On agenda: 7/6/2016 Final action:
Title: Authorization to Transfer Metro Local Share Funds to the Willamette Falls Legacy Project Riverwalk Design Process
Sponsors: Tony Konkol
Attachments: 1. Staff Report, 2. Oregon City Local Share Amendment -WFLP, 3. 2015 Local Share Staff Report, 4. Resolution No-15-06 Local Share
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Title

Authorization to Transfer Metro Local Share Funds to the Willamette Falls Legacy Project Riverwalk Design Process 

 

Body

RECOMMENDED ACTION (Motion):

Authorize the City Manager to sign the attached amendment to formally transfer the Metro local share funds to support the riverwalk design process in accordance with the recently adopted Willamette Falls Legacy Project Governance IGA.

 

BACKGROUND:

The City Commission updated the Local Share project list to include the riverwalk in 2015 and identified the use of Local Share funds in the recently adopted Willamette Falls Legacy Project Governance IGA. The budget item in the adopted IGA was not up to date ($140,548). The attached amendment reflects the current funds available for transfer ($340,581.87).   

 

BUDGET IMPACT:

Amount: $340,581.87

FY(s):      

Funding Source: Metro local share funds