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HomeMy WebLinkAbout2017-06-13; Community Development Commission; Resolution 538RESOLUTION NO. 538 A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF CARLSBAD, CALIFORNIA, ADJUSTING THE OPERATING BUDGET OF THE CARLSBAD HOUSING AUTHORITY FOR FISCAL YEAR 2016-17. EXHIBIT 12 WHEREAS, the Community Development Commission of the City of Carlsbad, California (the Commission) has reviewed the Operating Budget for the Carlsbad Housing Authority Section 8 Programs, for FY 2016-17; and WHEREAS, housing assistance payments for the Section 8 Housing Program were more than anticipated and a budget increase of $250,000 in housing assistance payment expenditures is recommended; and WHEREAS, there is sufficient cash in the Section 8 Housing Program to cover this expenditure increase. NOW, THEREFORE, BE IT RESOLVED by the Community Development Commission ofthe City of Carlsbad, California as follows: 1. That the above recitations are true and correct. 2. That an increase of $250,000 for housing assistance payments in the Section 8 Housing Fund in FY 2016-17 is hereby appropriated. II II II II II II PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the Carlsbad City Council, Carlsbad Municipal Water District Board of Directors, Carlsbad Public Financing Authority Board of Directors, Community Development Commission, and City of Carlsbad as Successor Agency to the Redevelopment Agency, held on the 13th day of June, 2017, by the following vote to wit: AYES: M. Hall, K. Blackburn, M. Schumacher, C. Schumacher, M. Packard NOES: None. ABSENT: None. ATTEST: