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Board clarifies funding sources, approves $1.1 million bond interest appropriation for seven parks projects
Summary
The advisory board voted to approve using $1.1 million in interest earned from general obligation bond series 2020A and 2022A to advance seven parks bond projects; staff said the action corrects a prior omission in the minutes about the two bond series as funding sources.
The Parks & Recreation Advisory Board voted to approve the appropriation of $1,100,000 in interest earned from general obligation bond series 2020A and 2022A to advance seven parks projects originally slated for third‑tranche bond funding. Board members described the vote as a clerical correction to clarify the funding sources cited in earlier minutes and presentations.
Mark, a project manager who presented the item, told the board the appropriation “is just a correction of that those 2 funds to be a part of that money source.” Carl, the…
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