At its regular meeting at 4:00 p.m. today, Toledo City Council is expected to vote on Ordinance 381-17 which would direct the transfer of $3 million from the city’s General Fund to the Capital Improvement Program (CIP) Fund to make it available for roadway improvements or other eligible expenditures. In 2016, Council approved the transfer of $11 million from the CIP Fund to the General Fund based upon projected budgetary needs. Since then the city’s budgetary position has improved due to higher than expected revenue and lower than expected costs, and less money has been transferred as a result. If this ordinance is approved, the amount ultimately transferred from the CIP to the General Fund will be zero. Council is also expected to vote on Ordinance 393-17 which would authorize the sale of the former Stautzenberger College buildings at 5355 and 5405 Southwyck Boulevard for $1.00 to Olympic Real Estate Group LLC. The company plans to redevelop the parcels as commercial office space for its affiliated businesses Financial Express and Payroll Express LLC, which currently have Toledo locations that would be consolidated at the site. The company plans to demolish the building at 5405 Southwyck for greenspace for 5355 Southwyck. Council will likely give first reading to Ordinance 390-17 which would give consent to Ohio Department of Transportation to replace and improve the existing I-75 Disalle Bridge over the Maumee River and the South Avenue and Miami Street interchanges, and reconstruct South Avenue between the southbound and northbound ramps. The ordinance will also authorize demolition of ten structures for the upgrading of the South Avenue interchange. All Council meetings are held in Council Chambers on the first floor of One Government Center, located on Jackson Boulevard in downtown Toledo.