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Consent Agenda <br />STAFF ORIGINATOR Linda Waite Smith <br />DATE 12/04/99 <br />TOPIC Resolution No. 99- 121 Transferring Funds from T.I.F. <br />District 3 -1 to the Escrow Fund for Administrative <br />Expenses (GNW Mechanical) <br />VOTE REQUIRED Simple Majority <br />BACKGROUND <br />The escrow fund has accounted for administrative costs associated with GNW <br />Mechanical. As there will be no more charges to the escrow for GNW <br />Mechanical, the account should be closed. The total amount owing is $4,060.86. <br />The transfer should be made from T.I.F district 3 -1 <br />OPTIONS <br />1. Adopt Resolution 99 -121 <br />RECOMMENDATION <br />Option 1 <br />