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CITY COUNCIL <br />AGENDA ITEM 1L <br />STAFF ORIGINATOR: Sarah Cotton <br />MEETING DATE: December 14, 2015 <br />TOPIC: Consider Resolution No. 15-148, Approving Transfers for Partial <br />Installment Payment on Interfund Loan for Recreation Complex <br />Land <br />VOTE REQUIRED: 3/5 <br />BACKGROUND <br />The City Council approved Resolution No. 06-212 providing for the repayment of the interfund loan <br />for the Recreation Complex land. The attached Resolution No. 15-148 approves the transfers <br />necessary to make the 2015 installment of the approved repayment program. <br />RECOMMENDATION <br />Staff recommends the approval of Resolution No. 15-148. <br />ATTACHMENTS <br />Resolution No. 15-148, Approving Transfers for Partial Installment Payment on Interfund Loan <br />for Recreation Complex Land <br />