|
|
STRATEGIC OUTCOMES |
ACTION |
|
Department: |
☐ Safe & Prosperous |
☐ Motion |
|
City Administration |
☐ Active & Appealing |
☒ Resolution |
|
|
☒ Respected & Responsible |
☐ Ordinance - Introduction |
|
Division: |
☐ Connected & Engaged |
☐ Ordinance - Adoption |
|
- |
☐ Unique & Creative |
☐ Public Hearing |
TITLE:
title
Acceptance of Greater Yuma Port Authority (GYPA) Distribution
end
SUMMARY RECOMMENDATION:
Summary Recommendation
Accept GYPA’s proposed distribution of $155,000.00 to each member agency. (City Administration) (Jay Simonton)
end
STRATEGIC OUTCOME:
As a partner in GYPA’s mission to promote the economic well-being of the Yuma County region, acceptance of GYPA’s proposed distribution of $155,000.00 furthers the City Council’s Respected and Responsible strategic outcome.
REPORT:
CLERK NOTE: This item was continued from the November 1, 2023 City Council Meeting through an approved motion by City Council.
GYPA is an intergovernmental agency created for the sole purpose of promoting and developing the new port district and to ensure the economic well-being of the Yuma County region. The members of GYPA include the City of Yuma, the City of San Luis, Yuma County, and the Cocopah Indian Nation. Each member has two board members, with one board member being from the elected body.
At an October 4, 2023, meeting, the GYPA Board of Directors (“GYPA Board”) adopted the following Resolution:
“RESOLVED that the appointed representatives of each member agency shall deliver to their respective member agency a proposal to make a distribution of $155,000.00 to each agency and shall report back to the [GYPA Board] and Executive Director the views of its governing body.”
Under the distribution, the City of Yuma will net $55,000.00 due to an outstanding deferred cash call payment due to GYPA from Fiscal Years 2013 and 2014 in an aggregate amount of $100,000.00.
FISCAL REQUIREMENTS:
|
CITY FUNDS: |
$ 0.00 |
BUDGETED: |
$ 0.00 |
|
STATE FUNDS: |
$ 0.00 |
AVAILABLE TO TRANSFER: |
$ 0.00 |
|
FEDERAL FUNDS: |
$ 0.00 |
IN CONTINGENCY: |
$ 0.00 |
|
OTHER SOURCES: |
$ 0.00 |
FUNDING: ACCOUNT/FUND #/CIP |
TOTAL $ 0.00
|
- |
|
|
To total; right click number & choose “Update Field” |
|
FISCAL IMPACT STATEMENT:
Accepting GYPA’s proposed distribution of $155,000.00 will result in a net gain of $55,000.00 to the City of Yuma’s balance sheet.
ADDITIONAL INFORMATION:
SUPPORTING DOCUMENTS NOT ATTACHED TO THE CITY COUNCIL ACTION FORM THAT ARE ON FILE IN THE OFFICE OF THE CITY CLERK:
NONE
IF CITY COUNCIL ACTION INCLUDES A CONTRACT, LEASE OR AGREEMENT, WHO WILL BE RESPONSIBLE FOR ROUTING THE DOCUMENT FOR SIGNATURE AFTER CITY COUNCIL APPROVAL?
☐ Department
☐ City Clerk’s Office
☐ Document to be recorded
☐ Document to be codified
|
Acting City Administrator: |
Date: |
|
John D. Simonton |
11/21/2023 |
|
Reviewed by City Attorney: |
Date: |
|
Rodney Short for Richard W. Files |
11/20/2023 |