HomeMy WebLinkAbout2014-06-17; Community Development Commission; Resolution 529Exhibit 11
1 RESOLUTION NO. 529
2 A RESOLUTION OF THE COMMUNITY
DEVELOPMENT COMMISSION OF THE CITY OF
3 CARLSBAD, CALIFORNIA, APPROVING
ADJUSTMENTS TO THE SECTION 8 SPECIAL
REVENUE FUND OPERATING BUDGET FOR
5 FISCAL YEAR 2013-14
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WHEREAS, the Section 8 Special Revenue Fund will not have a sufficient
budget appropriation to cover increased housing assistance payments for Fiscal Year
2013-14; and
WHEREAS, the Finance Department recommends the additional appropriation of
11 $175,000 to cover the increased payments,
12 NOW, THEREFORE, BE IT RESOLVED by the Community Development
^ 3 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 $175,000 for
Housing Assistance payments in Fiscal Year 2013-14 from the Section 8 Fund
Balance.
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PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the Carlsbad
Community Development Commission, the City Council of the City of Carlsbad, the Carlsbad
Municipal Water District Board of Directors, and the City of Carlsbad as Successor Agency to the
Redevelopment Agency on the 17*^ day of June 2014, by the following vote to wit:
AYES:
NOES:
ABSENT:
Commission Members Hall, Packard, Wood, Schumacher, Blackburn.
None.
None.
MATT HALiy Chair
ATTEST:
Steven R. Sarkozy, Secretary
(SEAL)
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