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<br />j.'i> , ,':,:;; /r;\ rL::~J '~><:7 <br />( i, t.. .1, U.""'" '"f' <br />~\: \oe...A \ ' l ~ ~ ." ~ - i! ;; <br />,""i"'~ "."<..Q-'> ,7 ~ ;, <br />"-....-r ~ - u <br /> <br />in connection with capital improvements for the Port of Redwood City during the <br /> <br />Fiscal Year July 1, 2010 - June 30, 2011, and this expenditure of said sum for the <br /> <br />purpose stated is authorized. <br /> <br />SECTION 11. RESERVE FUNDING. The sum remaining in the general Port <br /> <br />funds as of June 30, 2010, less a prudent amount to be retained in the general Port <br /> <br />funds, is hereby appropriated from General Fund to Reserve Fund in connection with <br /> <br />contingent expenditure for the operation and/or capital improvement of the Port of <br /> <br />Redwood City during the Fiscal Year July 1, 2010 - June 30, 2011, and the <br /> <br />expenditure of said sum and for the purpose stated is authorized. <br /> <br />SECTION 12. TRANSFER. ADDITIONAL APPROPRIATIONS. CANCELLATIONS. <br /> <br />The Board of Port Commissioners may consent to the transfer of sums from <br /> <br />an appropriated operating expense line item to any other appropriated operating <br /> <br />expense line item within each Section. Transfers in excess of $25,000 per operating <br /> <br />expense line item shall be by Resolution. <br /> <br />The Board of Port Commissioners may, by Resolution, transfer appropriated <br /> <br />sums from one Section to another, authorize additional appropriations, and cancel <br /> <br />previously authorized appropriations. <br /> <br />PORC/ch/Ord/bdgtordFY2011 <br /> <br />5of6 <br />