Dept/ Agency: Administration/Office of Management and Budget Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: External Transfer of Funds Purpose: External Transfer of Reserve Funds will allow the City of Newark to pay outstanding United Service and VP Security bills, and Cash Wavier obligations (All Wards). Amount Transferred: $670,000.00 Transferred From: Various Departments Transferred To: Department of Public Works and Unclassified Appropriations Additional Information: Two-Thirds vote of full membership required.