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HomeMy WebLinkAboutAGENDA REPORT 2002 1120 CC REG ITEM 08AMOORPARK CITY COUNCIL AGENDA REPORT ITEM g' A' - - AC;a'ti:T At BY: To: Honorable City Council From: Nancy Burns, Senior Management Analyst Date: November 13, 2002 (CC Meeting of November 20, 2002) Subject: CONSIDER RE- ALLOCATING PROCEEDS FROM SALE OF 6479 -B PENN STREET (COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS) BACKGROUND At its November 6, 2002, Regular Meeting, the Moorpark City Council continued this item to its November 20, 2002, meeting and referred it to the Budget and Finance Committee for review. DISCUSSION The Budget and Finance Committee meeting scheduled for November 12, 2002, was not convened, due to lack of a quorum. STAFF RECOMMENDATION 1. Continue this item to the City Council meeting of December 4, 2002; and 2. Refer the matter to the Budget and Finance Committee for consideration prior to the Council meeting of December 4, 2002. G1 0011—