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HomeMy WebLinkAbout08 - MOA with U.S Army Corps of Engineers re: Lower Bay Dredging Project4 �EwaoRr CITY OF NEWPORT] REACH C'9[IFORNP City C®QAncH Staff Report Agenda Item No. g December 13, 2011 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: Public Works Department Stephen G. Badum, Public Works Director 949 - 644 - 3311, sbadum @newportbeachca.gov PREPARED BY: Chris Miller, Harbor Resources Manager APPROVED: TITLE: Memorandum of Agreement (MOA) with the US Army Corps of Engineers; Budget Amendment 12BA- 021 : Appropriation of Funding for Lower Bay Dredging Project; Resolution 2011 - 112 Relating to A Lower Newport Bay Dredging Project ABSTRACT: The US Army Corps of Engineers ( "Corps') requires a Memorandum of Agreement ( "MOA") to be executed if the City desires to contribute funds to the Lower Bay Dredging Project ('Project'). In addition, a Budget Amendment will also be required, as will a Resolution to accept private donations along with contributions from the County for areas dredged within County Tidelands. RECOMMENDATIONS: 1. Authorize the Mayor to execute an MOA with the Army Corps of Engineers relating to City financial participation in the Lower Newport Bay Dredging project; and 2. Adopt Budget Amendment 12BA- 021 that would authorize the provision of $2,500,000.00 to assist in funding the Lower Newport Bay Dredging Project (to be considered a loan from the Tidelands Fund to be reimbursed over time from Tidelands revenues); and 3. Adopt Resolution 2011- 112 relating to establishing a special fund and accepting private donations and a County of Orange contribution for the Lower Newport Bay Dredging Project. Memorandum of Agreement (MOA) with the US Army Corps of Engineers; Budget Amendment 12BA -: Appropriation of Funding for Lower Bay Dredging Project; Resolution 2011 - Relating to A Lower Newport Bay Dredging Project December 13, 2011 Page 2 FUNDING REQUIREMENTS: The Project is estimated to cost approximately $6.85 million. Of this amount, approximately $2.4 million will be paid by the federal government leaving a gap of approximately $4.45 million. This evening, the Council will consider contributing about $2,500,000 of Tidelands funds (via a loan from the Tidelands fund) towards this dredging effort. Also, the County has expressed an interest in — but has not yet finally made a determination to - contribute approximately $675,000 to cover dredging costs over County Tidelands. To cover the remaining dredging costs for the Project, the City may solicit donations from private parties. DISCUSSION: The federal government has been planning to dredge Newport Harbor for many years, but because of funding issues and a lack of a disposal site for some of the ocean unsuitable material, the Project has remained on the backlog of potential Corps projects. To help solve the problem of ocean unsuitable material disposal, the City authorized a testing program in 2008 to assist the Corps so that the Project would remain on their high priority list. The result of this testing effort was that the harbor's sediment was fully characterized, and the ocean unsuitable material was clearly defined into manageable areas. In November 2011, the Port of Long Beach ( "POLB ") executed an Amendment to the City's existing Rhine Channel Memorandum of Agreement to allow additional unsuitable material from the Lower Bay to be deposited in the Port's "Middle Harbor" Fill Project. By March 14, 2012, all of the "unsuitable for ocean disposal" material from the Lower Bay that the Port can accept must be at the Port. Lower Bay Dredging Plan The City has been working closely with the Corps to establish the dredging footprint for the Project. Several factors were considered, including: 1. Available funding (both federal and non - federal); 2. Ocean vs. POLB disposal; 3. Navigability; and 4. Areas that the City prefers to be dredged based on local need. Please see Exhibit A that outlines the potential dredge footprint based on the above criteria. In addition, the Tidelands Management Committee (Mayor Henn, Mayor Pro Memorandum of Agreement (MOA) with the US Army Corps of Engineers; Budget Amendment 12BA -: Appropriation of Funding for Lower Bay Dredging Project; Resolution 2011 - Relating to A Lower Newport Bay Dredging Project December 13, 2011 Page 3 Tern Gardner, Council Member Selich, and the Citizens' Advisory Panel) has reviewed these areas in detail, and the Committee supports the current plan. Corps MOA From a funding perspective, the Corps has allocated approximately $2.4 million towards the Project. Although this amount is well below the fully encompassing project cost of $25 million, it represents a significant step in a positive direction to dredge the Lower Bay. To help solve the problem of funding, the City sent a Letter of Intent to contribute approximately $2.5 million to dredge a larger area. In order for the City to do this, a formal Memorandum of Agreement (MOA) must be signed with the Corps. The final Corps- approved MOA is still under review at the Corps' Washington DC headquarters before it can be sent to the City for signatures. Therefore, the attached draft MOA represents a "near final" version that we expect will be substantially the same as the final version to be approved by the Assistant Secretary of the Army in January 2012. We are presenting this "near final" version due to the compressed time constraints of this Project — every week saved helps with the POLB deadline. Generally, the Corps' MOA is presented to parties like the City as a complete, unchangeable document with no room for significant amendment. Although the MOA was drafted in favor of the Corps, Harbor Resources and the City Attorney's Office believes that the draft MOA is the best option available to ensure the Lower Bay is dredged in an efficient manner. County Contribution Not all of the Lower Bay is City- managed tidelands. A portion is the responsibility of the County of Orange. Therefore, the City has asked the County to consider contributing funds (about $675,000) to cover the associated costs to dredge over County Tidelands. Because the Corps's MOA approval process is lengthy, it does not make sense for the County to start their own MOA process. Instead, staff suggests that the City be the repository of any County contribution — even if it means that the City will front the money to be reimbursed by the County over the next 12 -18 months via a City- County agreement to be developed later. Private Donations Efforts are currently underway to bridge the remaining funding gap with private donations. A resolution (attached) would authorize the City to receive these funds (and those of the County) and to manage them in a manner that would assure contributors of the appropriate and specific use for a Lower Newport Bay Dredging Project. Memorandum of Agreement (MOA) with the US Army Corps of Engineers; Budget Amendment 12BA -: Appropriation of Funding for Lower Bay Dredging Project; Resolution 2011 - Relating to A Lower Newport Bay Dredging Project December 13, 2011 Page 4 ENVIRONMENTAL REVIEW: This federal project has been evaluated by the Army Corps of Engineers, South Pacific Division, Los Angeles District under the National Environmental Policy Act as an Environmental Assessment which concluded that the project will not have a significant adverse impact upon the existing environment or the quality of the human environment. NOTICING: The agenda item has been noticed according to the Brown Act (72 hours in advance of the meeting at which the City Council considers the item). Submitted by: Attachments: A. Figure: Current Dredging in Lower Newport Bay B. Final Draft Corps MOA for Lower Newport Dredging C. Budget Amendment D. Resolution 2011- EXHIBIT A EXHIBIT B MEMORANDUM OF AGREEMENT BETWEEN THE DEPARTMENT OF THE ARMY AND THE CITY OF NEWPORT BEACH FOR ACCEPTANCE AND RETURN OF CONTRIBUTED FUNDS FOR MAINTENANCE DREDGING OF NEWPORT BEACH HARBOR, CALIFORNIA This MEMORANDUM OF AGREEMENT (hereinafter referred to as the "MOA "), entered into this day of 2011, by and between the DEPARTMENT OF THE ARMY (hereinafter referred to as the "Government'), represented by the Assistant Secretary of the Army, and the City of Newport Beach (hereinafter referred to as the "Contributor "), represented by its City Manager. W ITNESSETH THAT: WHEREAS, the River and Harbor Act of 1945, Public Law 79 -14, authorized construction of the Federal Navigation Channel at Newport Bay Harbor, California (hereinafter referred to as the "Channel ") in accordance with the recommendations contained in the report of the Chief of Engineers published in Senate Document No. 138, 78rd Congress, 1st Session; and WIEREAS the Corps is authorized to perform maintenance of the channel (hereinafter referred to as the 'Project') using funds appropriated for dredging and disposal of materials from areas located within the Authorized Federal Navigation Channel; and WHEREAS Congress has appropriated $2,770,000 for Project maintenance; and WHEREAS the City of Newport Beach conducted investigations in 2009 that identified sediment located within some areas of the Channel to be not suitable for open ocean disposal or for beach disposal; and WHEREAS the City of Newport Beach has obtained approval to place up to 130,000 cubic yards of unsuitable sediment in Slip 1 of the Middle Harbor of the Port of Long Beach; and WHEREAS sediment that is deemed suitable for open ocean disposal will be disposed of at the LA -3 Ocean Dredged Material Disposal Site; and WHEREAS, the Contributor considers it to be in its own interest to expedite the maintenance of the Project by voluntarily contributing funds (hereinafter referred to as "Contributed funds ") to be used by the Government for that purpose; and WHEREAS, the Government is authorized pursuant to 33 U.S.C. Section 560, to accept contributed funds, to be expended in connection with Federally appropriated funds, for an authorized work of public improvement of rivers and harbors whenever such work and expenditure may be considered by the Chief of Engineers to be advantageous to the interests of navigation; NOW, THEREFORE, the Government and Contributor agree as follows: 1. Subject to any necessary appropriation; the Contributor shall contribute to the Government the following sums, in cash: $2,500,000.00. 2. The contribution specified in paragraph 1 above shall be made as follows: provide the Government with the full amount of the required funds by electronic funds transfer no later than January 1, 2012, directed to the USACC Finance Center, 5722 Integrity Drive, Millington, TN 38054. Contributor will reimburse the Government for all costs associated with the performance of the construction services at actual cost. These funds are available for services for periods not to exceed one year from the date of acceptance of this MOA. 3. In the event that the Contributor contributes more or less than the amount listed in paragraph 1 above, or makes its contributions earlier or later than the date listed in paragraph 2 above, this MOA shall apply to whatever funds are contributed by the Contributor to the Government pursuant to this MCA; however, the Government shall not obligate any Contributed finds before they are received and available. 4. The Government shall use all Contributed funds to perform maintenance dredging of the Project, except with regard to excess Contributed funds, which are addressed in paragraph 8 of this MOA. The Contributor shall bear all additional costs of the work for which funds are accepted including any additional environmental compliance costs. 5. The Government shall provide the Contributor with quarterly accountings of its expenditures of Contributed funds for maintenance. The first such accounting shall be provided within 30 days after the final day of the first complete Government fiscal year quarter following receipt of the Contributed funds, and subsequent accountings shall be provided within 30 days after the final day of each succeeding quarter until the Contributed funds are completely expended or the Government concludes maintenance on the Project. 6. Unless directed by law, the Government shall not reimburse the Contributor for Contributed funds expended by the Government. 7. The Government shall not credit the Contributor for the Contributed funds so as to reduce any obligation for which the Contributor is otherwise responsible or would be requited of the Contributor. In the event the Government does not perform the Project or complete the Project, the Government shall refund all unexpended Contributed funds to the Contributor subject to the availability of funds. 8. The Government, subject to the availability of funds and subject to the approval by the Secretary of the Army, shall return to the Contributor Contributed funds not expended by the Government. 9. Nothing herein shall constitute, or be deemed to constitute, an obligation of future appropriations by the United States. 10. Nothing herein shall constitute, or be deemed to constitute, an assurance or promise of the Government to take any action whatsoever with respect to the project, including but not limited to the following actions: entering into a Project Partnership Agreement with the Contributor; constructing the Project; including the Project in the Government's budget; or completing the Maintenance of the Project. 11. Before any party to this MOA may bring suit in any court concerning an issue relating to this MOA, such party must first seek in good faith to resolve the issue through negotiation or other forms of nonbinding alternative dispute resolution mutually acceptable to the parties. 12. All claims and disputes by contractors arising under or relating to contracts awarded by the Corps shall be resolved in accordance with Federal law and the terms of the individual contract. The Corps shall have dispute resolution authority for these claims. Any contracting officer's final decision may be appealed by the contractor pursuant to the Contract Disputes Act of 1978 (41 U.S.C. § 601- 613). The Armed Services Board of Contract Appeals (ASBCA) is designated as the appropriate board of contract appeals. In lieu of appealing to the ASBCA or its successor, the contractor may bring an action in the United States Court of Federal Claims. 13. Contributor shall hold and save the Government free from all damages arising from the design, construction, operation, maintenance, repair, replacement, and rehabilitation of the Project and any Project - related betterments, except for damages due to the fault or negligence of the Government or its contractors. 14. Federal and State Laws. In the exercise of their respective rights and obligations under this MOA, the Contributor and the Government agree to comply with all applicable Federal and State laws and regulations, including, but not limited to, Section 601 of the Civil Rights Act of 1964, Public Law 88 -352 (42 U.S.C. 2000d), and Department of Defense Directive 5500.11 issued pursuant thereto, as well as Army Regulations 600 -7, entitled "Nondiscrimination on the Basis of Handicap in Programs and Activities Assisted or Conducted by the Department of the Army ". 15. Relationship of Parties. In the exercise of their respective rights and obligations under this MOA, the Government and the Contributor each act in an independent capacity, and neither is to be considered the officer, agent, or employee of the other. 16. Officials Not to Benefit. No member of or delegate to the Congress, nor any resident commissioner„ shall be admitted to any share or part of this MOA, or to any benefit that may arise therefrom. 17. Notices. a. Any notice, request, demand, or other communication required or permitted to be given under this MOA shall be deemed to have been duly given if in writing and either delivered personally or by telegram or mailed by first - class, registered, or certified mail, as follows: If to the Contributor: City of Newport Beach Post Office Box 1768 Newport Beach, California 92658 -8915 If to the Government: Army Corps of Engineers ATTN: CESPL -PM -N 915 Wilshire Boulevard Los Angeles, California 90017 b. A party may change the address to which such communications are to be directed by giving written notice to the other party in the manner provided in this paragraph. c. Any notice, request, demand, or other communication made pursuant to this paragraph shall be deemed to have been received by the addressee at the earlier of such time as it is actually received or seven days after it is mailed. 18. Confidentiality. To the extent permitted by the laws governing each party, the parties agree to maintain the confidentiality of exchanged information when requested to do so by the providing party. IN WITNESS WHEREOF, the parties have executed this MOA as of the day, month, and year first above written. THE DEPARTMENT OF THE ARMY C R. Mark Toy, P.E. Colonel, Corps of Engineers Commander and District Engineer CITY OF NEWPORT BEACH I_C Dave Kiff City Manager City of Newport Bay City Attorney City of Newport Beach City Clerk City of Newport Beach CERTIFICATE OF AUTHORITY I, , do hereby certify that I am the principal legal officer of the CITY OF NEWPORT BEACH that the CITY OF NEWPORT BEACH is a legally constituted public body with full authority and legal capability to perform the terms of the Agreement between the Department of the Army and the CITY OF NEWPORT BEACH in connection with the Authorized Federal Navigation Channel at Newport Beach, California, and to pay damages in accordance with the terms of this Agreement, if necessary, in the event of the failure to perform, as required by Section 221 of Public Law 91 -611 (42 U.S.C. Section 1962d -5b), and that the persons who have executed this Agreement on behalf of the CITY OF NEWPORT BEACH have acted within their statutory authority. IN WITNESS WHEREOF, I have made and executed this certification _ day of XXX CITY ATTORNEY CITY OF NEWPORT BEACH CERTIFICATION REGARDING LOBBYING The undersigned certifies, to the best of his or her knowledge and belief that: (1) No Federal appropriated funds have been paid or will be paid, by or on behalf of the undersigned, to any person for influencing or attempting to influence an officer or employee of any agency, a Member of Congress, an officer or employee of Congress, or an employee of a Member of Congress in connection with the awarding of any Federal contract, the making of any Federal grant, the making of any Federal loan, the entering into of any cooperative agreement, and the extension, continuation, renewal, amendment, or modification of any Federal contract, grant, loan, or cooperative agreement. (2) If any funds other than Federal appropriated funds have been paid or will be paid to any person for influencing or attempting to influence an officer or employee of any agency, a Member of Congress, an officer or employee of Congress, or an employee of a Member of Congress in connection with this Federal contract, grant, loan, or cooperative agreement, the undersigned shall complete and submit Standard Form -LLL, "Disclosure Form to Report Lobbying," in accordance with its instructions. (3) The undersigned shall require that the language of this certification be included in the award documents for all subawards at all tiers (including subcontracts, subgrants, and contracts under grants, loans, and cooperative agreements) and that all subrecipients shall certify and disclose accordingly. This certification is a material representation of fact upon which reliance was placed when this transaction was made or entered into. Submission of this certification is a prerequisite for making or entering into this transaction imposed by Section 1352, Title 31, U.S. Code. Any person who fails to file the required certification shall be subject to a civil fine of not less than $10,000 and not more than $100,000 for each such failure. DATE: EXHIBIT 4,T9 RESOLUTION 2011- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH RELATING TO A LOWER NEWPORT BAY DREDGING PROJECT WHEREAS, Newport Harbor, also known as Lower Newport Bay, is a body of water generally described as southerly and coastward of the property controlled by the State of California (Upper Newport Bay Ecological Reserve) and that includes the Newport Dunes area, the Dover Shores area, and the entirety of the Bay coastward and beneath the Coast Highway Bridge; and WHEREAS, Newport Harbor includes tide and submerged lands controlled by the City under the City's tidelands trust, also known as the Beacon Bay Bill (Chapter 74 of the Statutes of 1978 as amended), tide and submerged lands controlled by the County of Orange also under trust agreements, and some privately -held properties (inclusively, the "Lower Bay "); and WHEREAS, the Lower Bay contains a Federal Navigational Channel as well as "design depths" that set forth navigable passageways for commercial and recreational boating; and WHEREAS, over the years since the Lower Bay was formed, these passageways have been dredged to design depths only rarely and sporadically, and generally only when a limited amount of funds became available to do so; and WHEREAS, the City's long -term goal has been to completely dredge the Lower Bay to design depths or other appropriate levels in partnership with the County of Orange, the U.S. Army Corps of Engineers, and local property owners (where appropriate); and WHEREAS, completely dredging the Lower Bay would require the removal of about 1,300,000 cubic yards of material, some of it not suitable for ocean disposal. The cost of this "complete" dredging project is estimated in 2011 at about $25,000,000.00; and WHEREAS, because that level of funding is not available from the Federal government, the U.S. Army Corps of Engineers has planned, approved, and bid a small -scale Lower Bay dredging effort for 2012 that would accomplish the removal of up to 350,000 cubic yards of material: and WHEREAS, the Port of Long Beach ( "Port") has tentatively agreed to continue to accept sediment not suitable for ocean disposal from the Lower Bay at the Port provided that the sediment is delivered to the Port in a manner timely for disposal in the Port's construction efforts; and WHEREAS, the City, the County, and private property owners may be able to assist the U.S. Army Corps of Engineers in expanding the small -scale Lower Bay dredging project to instead complete a moderate -scale dredging project that would improve navigation, remove and dispose of a significant amount of the material not suitable for ocean disposal at the Port, and put the Lower Bay on course for a future project that might bring the entirety of the Lower Bay to navigable and non - contaminated levels in the future; and WHEREAS, Mayor Henn on his own initiative has proposed organizing a group of private property owners, business owners, and friends of the Lower Bay to assist him in identifying and securing private donations to help fund the Lower Bay's dredging costs; NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Newport Beach that it hereby states and authorizes the following: 1. The City expresses its commitment to assisting the U.S. Army Corps of Engineers in its effort to significantly improve navigability and contaminant removal in the sediment of the Lower Bay via a Lower Bay Dredging Project; and 2. The City is hereby authorized to accept donations or other contributions of private individuals or entities, and public entities such as the County of Orange provided that such funds are used solely for dredging within the Lower Bay; and 3. The City's staff is authorized to create a receipt account, enterprise fund, or other financial mechanism within the City's formal budget documents that would accept, conservatively invest, protect and sequester donations or other contributions so that the funds could be used solely for dredging within the Lower Bay; and 4. The City Council acknowledges and appreciates the contributions and efforts of individuals to solicit or otherwise encourage or supervise the donation or contribution of funds to said receipt account, enterprise fund, or other financial mechanism provided that such solicitation is done in full compliance with the City's Charter and other local, state, or federal law. This resolution shall take effect immediately upon its adoption by the City Council, and the City Clerk shall certify the vote adopting this resolution. ADOPTED this 1P Day of December, 2011 MICHAEL F. HENN Mayor of Newport Beach ATTEST: LEILANI BROWN City Clerk Lower Newport Bay Dredging: 4d Navigation /Environmental Solutions 2012 K City Council Meeting December 13, 2011 Tonight's Council Action Item 1. Authorize the Mayor to execute a Corps MOA fo dredging; and z. Adopt Budget Amendment for City contribution $2,500,000 (loan from General Fund to Tidelands Fund); and 3. Adopt Resolution to establish a special fund for accepting private donations and County contribution LNB Dredging Project: A Brief Overview Current Harbor Depths May 2011 Survey MOOMIQL-0 N D8JR5F S ZONF 6OSLRVEY01EEOT BASSO ON9NZ5" COORDZ AT S FOR 3 'TJRNING POINT' PI) )X455 AND 'PROMONTORY' PID )X4555. INROADS Al IGNMFN- FII B NP 7010.010 Red < -10 ft MLLW Yellow = -10 ft to -15 ft MLLW Green = -15 ft to -20 ft MLLW Blue > -20 ft MLLW Corps Permitted Dredging Project Benefits Achieve minimum -11' MLLW depth in most of the r Environmental disposal of~8o %of unsuitable ocea material at the Port of Long Beach — "Once in a Generation" Project approved and permitted by all agencies Extremely low cost solution Managed by Army Corps of Engineers ( "Corps ") Corps Permitted Dredging Project Benefits (cont.) Project completion: June 2012 Only opportunity to dredge in the foreseeable future (Federal, City, County budget constraints) Interim solution pending City commitment to identify & fund a long range, harbor -wide dredgir maintenance plan Dredging Areas - Order of Priori ,. Federal Project Components Must be funded, or no other work can proceed Dredging Areas - Order of Priori ,. Federal Project Components • Must be funded, or no other work can proceed z. Environmental Components • Only chance to eliminate ocean - unsuitable sediment Dredging Areas - Order of Priori ,. Federal Project Components • Must be funded, or no other work can proceed z. Environmental Components • Only chance to eliminate ocean - unsuitable sediment 3. Critical Navigation Components • Benefits all harbor users Dredging Areas - Order of Priori 1. Federal Project Components Must be funded, or no other work can proceed ?-. Environmental Components Only chance to eliminate ocean - unsuitable sediment 3. Critical Navigation Components Benefits all harbor users 4. Other Permitted Components Remaining areas covered by current Corps permits and project management Dredging Areas - Order of Priori ,. Federal Project Components Must be funded, or no other work can proceed z. Environmental Components Only chance to eliminate ocean - unsuitable sediment 3. Critical Navigation Components Benefits all harbor users 4. Other Permitted Components Remaining areas covered by current Corps permits and project management 5. Potential Additional Components If funding and permits can be organized quickly Costs and Funding Rhine Channel Dredging Completed November 2011 $4,000,000 l00% City Funded Cost and Funding Total cost for Corps permitted components: $7,500,00( Assured funding: $2,400,000 (federal allocation) Lowest bid is $2,875,000 $475,000 gap must be closed, or entire project cannot proceed Needed funding: $571007000 to complete Corps permitted components $ ? ?? for Potential Additional Components Needed Funding: Potential Source County Funding: $675,000 Under consideration City Funding: $2,500,000 to $3,000,000 • To be considered by Council in December 2011 0 Sufficient to fund environmental and critical navigation componen Private Donations for Corps Project: $1,500,000 to $2,0007000 Private donations for additional Potential projects: $ Could total $1,000,000 or more Private Donations All donations secured in restricted City fund Tax deductible Funds can only be spent on dredging project Assurance all funds will be spent for dredging For More Information Chris Miller, Harbor Resources Manager (949) 644 -3043 v BUDGET AMENDMENT 2011 -12 r —cECT ON BUDGETARY FUND BALANCE: Increase Revenue Estimates X Increase Expenditure Appropriations AND Transfer Budget Appropriations SOURCE: from existing budget appropriations from additional estimated revenues NX from unappropriated fund balance EXPLANATION: NO. BA- 12BA -022 AMOUNT: $2,500,000.00 Increase in Budgetary Fund Balance X Decrease in Budgetary Fund Balance No effect on Budgetary Fund Balance This budget amendment is requested to provide for the following: To increase expenditure appropriations related to the Lower Newport Bay Dredging Project These appropriations will be transferred from the General Fund. A new fund, 240, called Lower Newport Bay Dredging has been created to be used for private donations and a County of Orange contribution, although no appropriations are recommended at this time ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Amount Fund Account Description Debit Credit 010 3605 General Fund - Fund Balance $2,500,000.00 r- - "ENUE ESTIMATES (3601) Fund /Division Account Description 9230 6000 Tidelands Fund - Transfer In $2,500,000.00 EXPENDITURE APPROPRIATIONS (3603) Division Number Account Number Division Number Account Number Division Number Account Number Division Number Account Number Signed: Signed: Signed: Description 7231 Tidelands - Capital C4402003 Lower Harbor Dredging 9010 General Fund - Non Departmental 9900 Transfer Out ' Automatic Financial AppfoVal: Administrative Services Director Approval: City $2,500,000.00 $2,500,000.00 Date 1 'Q11CA\ Date City Council Approval: City Clerk Date