HomeMy WebLinkAbout20A - AA CENTENNIAL PARK
REQUEST FOR
COUNCIL ACTION
CITY COUNCIL MEETING DATE:
CLERK OF COUNCIL USE ONLY:
NOVEMBER 20, 2006
TITLE:
APPROVED
As Recommended
As Amended
Ordinance on 1 sl Reading
Ordinance on 2nd Reading
Implementing Resolution
Set Public Hearing For
APPROPRIATION ADJUSTMENT
RECOGNIZING CENTENNIAL PARK
FUND BALANCE
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(.....7 CI MANAGER
CONTINUED TO
FILE NUMBER
RECOMMENDED ACTION
Approve an appropriation adjustment recognizing prior year revenue in the
amount of $135,898 in the Centennial Park Maintenance revenue account
(account no. 77-01-5010) and appropriate same to the Park Building Services
expenditure account (account no. 11-260-various).
DISCUSSION
On January 14, 1976 the City of Santa Ana and the County of Orange entered
into an agreement for the development, maintenance and operation of
Centennial Regional Park. The terms of the agreement mandated that the City
and the County share 50 percent of the revenues and 50 percent of the
operations and maintenance of the park site. Although this arrangement
benefited the City and County for 30 years, the agreement with the City and
County terminated last fiscal year. The City now assumes sole
responsibility of ownership, operations and maintenance of Centennial Park.
The recommended action will transfer the Centennial Park fund balance from
the Centennial Park Maintenance fund to the General Fund Park Building
Services activity to pay for the sidewalk installation at the Centennial
Park Mohawk entrance, and other park projects.
FISCAL IMPACT
This appropriation adjustment will recognize prior year revenue in the
amount of $135,898 in the Centennial Park Maintenance revenue account
(account no. 77-01-5010) and appropriate same to the Park Building Services
expenditure account (account no. 11-260-various).
Agency
APPROVED AS TO FUNDS AND ACCOUNT:
h2ndb ~-~
J~ranci~co G~tierrez
q; Executlve Dlrector
Finance and Mgmt. Services AgenC~~
Gerardo Mouet
Executive Direc
Parks, Rec. and
20A-1
20A-2