HomeMy WebLinkAbout2010-06-29; Housing & Redevelopment Commission; Resolution 488Exhibit 11
1 RESOLUTION NO. 488
2 A RESOLUTION OF THE HOUSING AND
REDEVELOPMENT COMMISSION OF THE CITY
3 OF CARLSBAD, CALIFORNIA, APPROVING
4 ADJUSTMENTS TO THE FY 2009-10 OPERATING
BUDGET
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6 WHEREAS, the Section 8 Special Revenue Fund will not have a sufficient
7 budget appropriation to cover the anticipated housing assistance payments for Fiscal
8 Year 2009-10; and
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WHEREAS, the Finance Department has prepared the cash flow analysis for
10 the Section 8 Special Revenue Fund and recommends the additional appropriation of
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$200,000 to cover the anticipated additional housing assistance payments; and
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NOW, THEREFORE, BE IT RESOLVED by the Housing and
Redevelopment Commission of the City of Carlsbad, California, as follows:
15 1 . That the above recitations are true and correct.
16 2. That the Housing and Redevelopment Commission of the City of
17 Carlsbad, California, does hereby authorize an additional appropriation of
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balance.
$200,000 in Fiscal Year 2009-10 from the Section 8 Special Revenue Fund
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PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the
Carlsbad Housing and Redevelopment Commission, Carlsbad City Council and the
Carlsbad Municipal Water District Board of Directors, held on the 29th day of June,
2010, by the following vote to wit:
AYES: COUNCIL MEMBERS LEWIS, KULCHIN, HALL, PACKARD AND
BLACKBURN.
NOES: NONE.
ABSENT: NONE.
CHAIRMAN
ATTEST:
LfSA HILDABRAND, SECRETARY
(SEAL)
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