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P-264
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P-264
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Last modified
7/1/2015 7:55:31 AM
Creation date
7/1/2015 7:55:31 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Ordinance
Meeting Type
Regular
Agency Type
Port Authority
Date
6/24/2015
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� COPY <br /> Line Item 1. Marine Terminal $ 1,410,841 <br /> Line Item 2. Recreational Boating $ 556,293 <br /> Line Item 3. Commercial $ 209,825 <br /> Line Item 4. Infrastructure $ 635,856 <br /> Line Item 5. General Maintenance � 193,448 <br /> Total-Operations $ 3.006.263 <br /> SECTION 3. OPERATING EXPENSES - ADMINISTRATION. The sums hereinafter <br /> specified are hereby appropriated from general Port funds for the payment of <br /> operating expenses in connection with the administration of the Port of Redwood City <br /> during Fiscal Year July 1, 2015 - June 30, 2016, and the expenditure of said sums for the <br /> purposes stated herein is hereby authorized: <br /> Line Item 1. Admin Salaries, Taxes 8� Benefits $ 863,536 <br /> Line Item 2. Office 8� Administrative Expenses $ 152,720 <br /> Line Item 3. Professional Services $ 267,238 <br /> Line Item 4. Promotion 8� Marketing $ 206,560 <br /> Line Item 5. Depreciation (Admin only) $ 7,272 <br /> Total-Administration $ 1,497.326 <br /> SECTION 4. SUBVENTION. The sum of Four Hundred Thirteen Thousand Eight <br /> Hundred Forty Five dollars ($413,845) for voluntary Subvention to the City of Redwood <br /> City is hereby appropriated from general Port funds (derived from sources other than <br /> State granted lands) should the Board of Port Commissioners deem such funds as <br /> surplus and provided such payment does not violate Revenue Bond covenants and <br /> applicable state and federal laws. <br /> ,��an�ed <br /> Atty/Port <br /> Ord/Os/1���4 2 of 6 prd P-264 <br />
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