Title
Mutual Termination of Cooperative Agreement between the City of Newport Beach and The Regents of the University of California for the Marina Park Community Boating Program
Recommendation
a) Determine that the action is exempt from the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA Guidelines because it will not result in a physical change to the environment, directly or indirectly;
b) Recommend the City waive the right to one (1) year prior written notice of termination to terminate the Agreement which shall take effect June 30, 2020;
c) Authorize the purchase of six (6) 2011 Waterline J-22 boats in the amount of $120,000 from the Regents of the University of California for continued use in the Marina Park Boating Program; and
d) Approve Budget Amendment No. 020-051 appropriating $35,062 in additional revenue from account 0107023-521427, $57,228 reduction in expenditure appropriations in account 0107023-811046, and $92,290 in increased expenditure appropriations in Marina Park salary and benefit accounts.