REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF SAN BERNARDINO COUNTY
AND RECORD OF ACTION
July 13, 2021
FROM
GARY HALLEN, Director, Community Development and Housing
SUBJECT
Title
Budget Adjustments Related to the Bloomington III - Ayala Park Project
End
RECOMMENDATION(S)
Recommendation
Authorize the Auditor-Controller/Treasurer/Tax Collector to post appropriation adjustments to the Community Development and Housing Agency's 2021-22 budget, for the Bloomington III - Ayala Park Project, as detailed in the Financial Impact section (Four votes required).
(Presenter: Gary Hallen, Director, 387-4391)
Body
COUNTY AND CHIEF EXECUTIVE OFFICER GOALS & OBJECTIVES
Create, Maintain and Grow Jobs and Economic Value in the County.
Operate in a Fiscally Responsible and Business-Like Manner.
FINANCIAL IMPACT
Approval of this item will not result in the use of additional Discretionary General Funding (Net County Cost). Bloomington Recreation and Park District (BRPD) under Department of Public Works - Special Districts (DPW-SD) is relocating Ayala Park (Park), and Community Development and Housing (CDH) is a partner in the Park Relocation Project (Project). It was originally planned that each department would pay its source of funds directly to the Bloomington Park Developer, LLC, the Park Developer (Developer). CDH and DPW-SD recently decided that DPW-SD would transfer its source of funds to CDH to manage payments for the remainder of the Project. The requested budget action is not resulting from a change to the total cost of the Park Project, but will allow CDH to have sufficient appropriation to authorize expenditures to the Developer to finalize the construction of the Park.
Approval of the Recommendation authorizes the Auditor-Controller/Treasurer/Tax Collector to post the following budget adjustments necessary to authorize expenditures:
Cost Center
Commitment
Item/GL
Description
Action
Amount
6210002478
55405040
Intra-Fund Transfers Out
...
Click here for full text