HomeMy WebLinkAbout2018-06-12; Community Development Commission; Resolution 542RESOLUTION NO. 542
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
2017-18.
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 2017-18; and
WHEREAS, housing assistance payments for the Section 8 Housing Program were more
than anticipated and a budget increase of $555,000 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 $555,000 for housing assistance payments in the Section 8
Housing Fund in FY 2017-18 is hereby appropriated.
Ill
Ill
Ill
Ill
Ill
Ill
Ill
June 12, 2018 Item #13 Page 135 of 147
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 12th day of June, 2018, by the following vote to wit:
AYES:
NOES:
ABSENT:
M. Hall, K. Blackburn, M. Schumacher, C. Schumacher.
None.
M. Packard.
(SEAL)
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June 12, 2018 Item #13 Page 136 of 147