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COPY � � <br /> Year July 1, 2014 — June 30, 2015, and the expenditure of said sums for the purposes <br /> stated herein is hereby authorized: <br /> Line Item 1. Marine Terminal $ 1,379,630 <br /> Line Item 2. Recreational Boating $ 544,700 <br /> Line Item 3. Commercial $ 194,150 <br /> Line Item 4. Infrastructure $ 613,360 <br /> Line Item 5. General Maintenance $ 187,030 <br /> Total-Operations $ 2,918,870 <br /> SECTION 3. OPERATING EXPENSES - ADMINISTRATION. The sums <br /> hereinafter specified are hereby appropriated from general Port funds for the payment <br /> of operating expenses in connection with the administration of the Port of Redwood City <br /> during Fiscal Year July 1, 2014 — June 30, 2015, and the expenditure of said sums for <br /> the purposes stated herein is hereby authorized: <br /> Line Item 1. Admin Salaries, Taxes & Benefits $ 741,720 <br /> Line Item 2. Office &Administrative Expenses $ 133,310 <br /> Line Item 3. Professional Services $ 268,410 <br /> Line Item 4. Promotion & Marketing $ 212,590 <br /> Line Item 5. Depreciation (Admin only) � 6,990 <br /> Total-Administration $ 1,363.020 <br /> SECTION 4. SUBVENTION. The sum of Three Hundred Ninety Seven <br /> Thousand Six Hundred Seventy dollars ($397,670) for voluntary Subvention to the City <br /> of Redwood City is hereby appropriated from general Port funds (derived from sources <br /> other than State granted lands) should the Board of Port Commissioners deem such <br /> s�a���d <br /> Atty/Port <br /> Ord/os/11/14 2 of 6 Ord P-260 <br />