HomeMy WebLinkAbout2013-06-11; Community Development Commission; Resolution 526 Exhibit 11
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A RESOLUTION OF THE COMMUNITY
DEVELOPMENT COMMISSION OF THE CITY OF
CARLSBAD, CALIFORNIA, APPROVING ADJUSTMENTS TO THE SECTION 8 SPECIAL REVENUE FUND OPERATING BUDGET FOR
FISCAL YEAR 2012-13
WHEREAS, the Section 8 Special Revenue Fund will not have a sufficient
budget appropriation to cover increased housing assistance payments for Fiscal Year
2012-13; and
WHEREAS, the Finance Department recommends the additional appropriation of
$220,000 to cover the increased payments,
NOW, THEREFORE, BE IT RESOLVED by the Community Development
Commission of the City of Carlsbad, California, as follows:
1. That the above recitations are true and correct.
2. That the Community Development Commission of the City of Carlsbad,
California, does hereby authorize an additional appropriation of $220,000 for
Housing Assistance payments in Fiscal Year 2012-13 from the Section 8 Fund
Balance.
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RESOLUTION NO. 526 (Revised)________
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PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the Carlsbad
Community Development Commission, Carlsbad City Council, Carlsbad Municipal Water District
Board of Directors and City of Carlsbad as the Successor Agency to the Redevelopment Agency
held on the 11*^ day of June, 2013, by the following vote to wit:
AYES:
NOES:
ABSENT:
Council Members Hall, Packard, Wood, Blackburn and Douglas.
None.
None.
ATTEST:
JOHN COATES, Secretary
(SEAL)
ESTABLISHED'
^S^. 2013 iEz
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