Dept/ Agency: Administration/Office of Management & Budget Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Rescind External Transfer of Funds #1 for the Water Utility Purpose: Rescind External Transfer of Funds #1 for the Water Utility Amount Transferred: $ 281,375.00 Transferred From: Water Supply Transferred To: Water Supply Additional Information: Rescind Resolution # 7R1-f 120314 Two-Thirds vote of full membership required.