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City council moves auction proceeds from Regner Park raft into aqua-park project account
Summary
Finance staff requested — and the committee approved — transferring proceeds from the sale of a Regner Park swim raft to the aqua park project expenditure account.
The Finance Committee voted March 3 to transfer proceeds from the sale of surplus Parks, Recreation and Forestry equipment — specifically an old swim raft at Regner Park — into the expenditure account for the city’s aqua park project.
Mike, a Parks, Recreation and Forestry staff member, said the raft was sold at auction as part of the aqua-park project and that the revenue stems from sale of public property; he asked the committee to transfer the funds from a revenue account into an expenditure account for use on the aqua-park project. The committee approved the transfer by voice vote after a motion and second were placed on the record.
There was a brief procedural moment when a motion was missed; Alderman Allen then moved and Alderman Zingsheim seconded, and the motion carried. The discussion did not specify the sale price or the exact amount to be transferred.
