City of Irvine - Fiscal Year 2019-21 Proposed Budget

SPECIAL FUNDS

Fund 215: AD 97-16 NORTHWEST IRVINE This fund accounts for the construction of improvements in the Northwest Irvine area including Jamboree Road, Portola Parkway, Irvine Boulevard, and Bryan Avenue. The cities of Irvine and Tustin and the developer recently agreed to complete the remaining mitigation improvements in Tustin. At the completion of these improvements, staff will proceed with closing this fund and use residual construction funds to redeem outstanding bonds.

Fund 216: AD 97-17 LOWER PETERS CANYON EAST This fund accounts for the construction of improvements in the Lower Peters Canyon East area including Culver Drive, Portola Parkway, and El Camino Real. The cities of Irvine and Tustin and the developer recently agreed to complete the remaining mitigation improvements in Tustin. At the completion of these improvements, staff will proceed with closing this fund and use residual construction funds to redeem outstanding bonds.

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FY 2019-21 Proposed Budget

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