ORD-2009-055 - Debt Issuance Costs and Transfers Capital Project Ordinance

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Sec. 6 - As long as questions about the 2001 bond allocations remain, we should NOT CLOSE this project. Att. 2n - Sportsplex Sec. 1 states that funds are for the Justice Center additions, but this is the Sportsplex project. Sec. 4 -What are the "Swimming Pool Contrib"? Att. 2p -Greenways Sections 1, 3, and 4 are not clear to me with respect to the transfer of 2001 bond funds. Please explain the actions taken and the reasons for those actions. A capital project ordinance was adopted June 2007 authorizing these transfers. The funds are transferred to those projects for the purpose of paying for greenways in these parks. Att. 2u -Animal Services Facility Sec. 3 and Sec. 4 Why does this project use FY2008-09 and FY2009-10 dates when most of the other projects use the dates one year earlier, namely, FY2007-08 and FY2008- 09? Shouldn't this project also have the earlier dates, especially as we are making the two amendments in FY2008-09 to update the projects for this fiscal year? There is a capital project ordinance that was adopted on June 2, 2009 that showed the 2008-09 balance, and appropriated sales tax reimbursement, which will be received in 2009-10. Att. 2v -Justice Center Sec. 3 and Sec.4 -Same question about the dates as for the Animal Services Facility. There is a capital project ordinance that was adopted on June 2, 2009 that showed the 2008-09 balance, and appropriated sales tax reimbursement, which will be received in 2009-10. C. Section 3 -Appropriation of Funds from April Alternative Financing Att. 2z -Southern Community Park Sec. 3 -The revenue amounts stated here should be reconciled with amendments shown for the Greenways project, as appropriate. It is in agreement, and the amendment is to correct the source of funds so that it shows that it was 2001 bonds. Att. 2aa -Cedar Grove Park Sec. 3 -Shouldn't the $500,000 revenue "from other projects" be revenue from