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File #: ID 26-094    Version: 1 Name: SA - Station No. 4 Land and Bonds
Type: Supplemental Appropriation Status: Agenda Ready
File created: 3/14/2026 In control: City Council
On agenda: 3/24/2026 Final action:
Title: Consider a supplemental appropriation for the General Fund and the Water Capital Projects Fund
Attachments: 1. Memorandum, 2. Supplemental Appropriation

Subject:

Title

Consider a supplemental appropriation for the General Fund and the Water Capital Projects Fund

Body

Presented By:  City Staff

Recommendation and Review

Recently the City has negotiated the purchase of property adjacent Fire Station No. 4 from the 7-11 convenience store in the amount of $250,000. City Council approved a resolution ratifying the purchase at its March 10, 2026 meeting. Additionally, all remaining interest earnings from the 2021 bond issue are being appropriated into the Eastern Source Water Supply project.