Meeting Time: January 09, 2024 at 3:15pm PST

Agenda Item

2. REQUEST TO INCREASE REVENUE BUDGET AND APPROPRIATION FOR PARTIAL NAVY REIMBURSEMENT PAYMENT RELATED TO THE NAVY NORTH HANGAR FIRE INCIDENT The City has received $11 million in reimbursement under a Cooperative Agreement with the U.S. Department of the Navy (Navy). Staff is requesting the City Council’s approval to increase revenue budget and related appropriation by the Navy’s reimbursement amount while staff continues to explore all available reimbursement funding opportunities at local, state, and federal levels.

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