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Capital Projects Funds and their preliminary December 31, 2001 fund balances <br />are as follows: <br /> <br />Community Fund $2,319,845 <br />Park Dedication Fund $401,190 <br />Special Projects Fund $2,922,504 <br />Street Improvement Fund $398,601 <br />MSA Construction Fund $119,929 <br /> <br />I do not recommend placing the Clear Channel $43,000 in the Community Fund <br />since it is entangled with TIF regulations. I likewise don’t recommend placing it in <br />the MSA Construction Fund since that would cloud our accounting of MSA <br />revenues. Any of the other three would be appropriate. <br /> <br />After discussion, the City Council should pass a motion directing staff to deposit <br />the $43,000 in a particular fund. <br /> <br /> <br />Respectfully Submitted, <br /> <br /> <br /> <br />Charles Hansen