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sr-042567-8a DATE: TO: FROM: CITY OF SANTA YIONICr~FL~',~~~511 April 19, 1967 The Honorable City Council City iuianager SUBTECT: Harbor Dredein~ 67-C-21 ~~~ 20 9 ~7 ~ti~'67 SANT }iONiCA,E~LiF. "~ . r,,. 's °' `v ~ ~; 7 ri ~ ., RE1 L ~ ,L O THE The City Council has heretofore been advised t]P$~a~~~E(~'d~state matching funds appropriation for harbor dredging will lapse as of June 30, 1967. Due to the change in the State administration, such funds have been temporarily frozen but could be released with legislative support and an appropriate showing that the City is prepared and has available the required matching funds. In the event the State appropriation actually lapses, it is our under- standing that another opportunity for matching funds would not occur until the State fiscal year of 1968-69. Accordingly, the City Council should adopt a policy on this matter for the instruction of the administration. The generai alternatives available are as follows: A. The appropriation of $300,000 from the limited general fund surplus, along with instructions to the staff to make every attempt to obtain a legislative release of the State matching funds. B. Abandon any consideration of State participation in the cost of harbor dredging until at least the 1968-b9 fiscal year and plan on accumulating the City's share of such cost between now and the 1968-69 budget year. C. Elect to table the entire matter until the City Council and the public have resolved the question of the appropriateness of utilizing potential oil resources under whatever protective conditions are acceptable to the residents of the city. ~, i ~F /`/ l / f'-T~ '~`P~RRY SCOTT, City Manager f c. c. City Clerk City Attorney Director of Finance Director of .Public Works Director of Recreation & Parks