Title
Consider recommendations regarding an agreement to transfer Mitigation Funds to the City of Santa Barbara as a contribution to establish a regional youth hostel, as follows: (4/5 Vote Required)
a) Approve and authorize the Chair to execute an agreement with the City of Santa Barbara for transfer of mitigation funds from the Planning and Development Department towards establishment of a regional youth hostel; and
b) Approve a budget revision which will allow the transfer of mitigation funds, equaling $100,000.00, to the City of Santa Barbara.
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