LEGISLATIVE YEAR 2021
RESOLUTION: R-21-160
PURPOSE: Relative to supplemental appropriation of $250,000 into
expendable trust fund established for the Business and
Industrial Development Authority
SPONSOR(S): James W. Donchess
COMMITTEE
ASSIGNMENT:
FISCAL NOTE: This resolution reduces FY2022 surplus by $250,000 through
the supplemental appropriation into the BIDA Expendable
Trust Fund
ANALYSIS
This resolution appropriates $250,000 into the expandable trust fund established for the Business
and Industrial Development Authority. The funds are part of the proceeds from the sale of City
land on Bridge and Sanders Streets (see R- 19-148).
Charter Sec. 53 permits specific non-budget, supplementary appropriations. There should be
notice and a public hearing. A two-thirds vote is required under Charter Sec. 56-b for an item or
amount not in the mayor’s budget. A roll call is required under Charter Sec. 49.
Approved as to account Financial Services Division
structure, numbers,
and amount: By: /s/ John Griffin
Approved as to form: Office of Corporation Counsel
By: /s/ Celia K. Leonard
Date: Aucust 3, 2021
