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ORDINANCE NO. P-293 <br />ADOPTION OF AN ORDINANCE OF THE BOARD OF PORT <br />COMMISSIONERS OF THE CITY OF REDWOOD CITY APPROPRIATING <br />ANTICIPATED REVENUES AND OTHER GENERAL FUNDS OF THE PORT <br />OF REDWOOD CITY FOR THE FISCAL YEAR JULY 1, 2023 — JUNE 30, 2024 <br />— NOTICE OF PUBLIC HEARING <br />BE IT ORDAINED BY THE BOARD OF PORT COMMISSIONERS OF THE CITY OF <br />REDWOOD CITY, AS FOLLOWS: <br />WHEREAS, an annual budget containing an estimate of the revenues and expenses of <br />the Port of Redwood City for the Fiscal Year beginning July 1, 2023, and ending June 30, 2024, <br />has been presented to and approved by the Board of Port Commissioners of the Port of <br />Redwood City; and <br />WHEREAS, said Board desires and intends to appropriate and authorize the <br />expenditure of said anticipated revenues in accordance with the above-mentioned budget. <br />NOW THEREFORE; <br />BE IT ORDAINED BY THE PORT OF REDWOOD CITY BOARD OF PORT <br />COMMISSIONERS OF THE CITY OF REDWOOD CITY, AS FOLLOWS: <br />SECTION 1. GENERAL. The estimated revenues of the Port of Redwood City for Fiscal <br />Year July 1, 2023 — June 30, 2024, and all unexpended and unencumbered monies remaining <br />in the Port funds at the close of Fiscal Year July 1, 2022 — June 30, 2023 are hereby allocated <br />and appropriated as hereinafter provided. <br />SECTION 2. OPERATING EXPENSES - OPERATIONS. The sums hereinafter <br />specified are hereby appropriated from general Port funds for the payment of operating <br />expenses in connection with the operation of the Port of Redwood City during Fiscal Year July <br />Introduced: 05.24.231 Passed: 06 28.2310rdinance P-293 <br />