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Item A: Expenditure Review Panel FY11 Report
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Item A: Expenditure Review Panel FY11 Report
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4/20/2012 3:52:47 PM
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4/20/2012 2:27:43 PM
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Agenda Item Summary
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4/25/2012
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<br />The Agency Board approved expenditure of funds <br />on infrastructure improvements to the Park Blocks <br />in order to make that location more attractive and <br /> Specifically, the <br />Plan calls for spending up to $500,000. Uses of the <br />th <br />funds could be street improvements along 8 such <br />as narrowing the street or curb extensions; <br />electrical upgrades, landscape changes; right-of- <br />way improvements for compatibility with <br />neighboring businesses; bike parking; and improvements to the East Park Block. (See Attachment 1 for <br />excerpts from the Plan and Report related to this project.) <br />Expenditure Summary <br />FY11 FY11 Authorized Amount <br />Budget Expenditures by Plan Remaining <br />$500,000 $0 $500,000 $500,000 <br />Saturday Market, and interested community members to discuss and determine specific improvements that <br />t Improvement Committee met from October 2010 to <br />March 2011. The group discontinued meeting to allow time for larger issues to be addressed, including the <br />possibility of different downtown locations and the ultimate goal of a permanent home for the market. <br />(Additional expenditure detail is in Attachment 2 The Plan Estimate and excerpts from the Annual Financial <br />Report fiscal year ended June 30, 2011.) <br />Funding Sources <br />staff effort was <br /> <br /> <br />5 <br />
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