Dept/ Agency: Administration/Office of Management & Budget Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: External Transfer of Funds Purpose: External Transfer of Reserves Funds will allow the Water Utility to pay for Repair of Water Service and Main Leaks (City-wide) Amount Transferred: $257,092.00 Transferred From: Water Utility Transferred To: Water Utility Additional Information: Two-Thirds vote of full membership required.