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HomeMy WebLinkAbout2009-06-16; Housing & Redevelopment Commission; Resolution 469Exhibit 10 1 RESOLUTION NO. 469 2 A RESOLUTION OF THE HOUSING AND REDEVELOPMENT COMMISSION OF THE CITY 3 OF CARLSBAD, CALIFORNIA, APPROVING , ADJUSTMENTS TO THE FY 2008-09 OPERATING BUDGET 5 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 2008-09; and 9 WHEREAS, the Finance Department has prepared the cash flow analysis for 10 the Section 8 Special Revenue Fund and recommends the additional appropriation of 11 $250,000 to cover the anticipated additional housing assistance payments; and 12 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 18 $250,000 in Fiscal Year 2008-09 from the Section 8 Special Revenue Fund balance.20 /// 21 22 23 24 '" 25 "' 26 27 III 28 V5\ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the Carlsbad Housing and Redevelopment Commission, Carlsbad City Council and Carlsbad Municipal Water District Board of Directors held on the 16th day of June, 2009, by the following vote to wit: AYES: Commission Members Lewis, Kulchin, Hall, Packard and Blackburn. NOES: None. ABSENT: None. LISA HILDABRAND, Secretary (SEAL) ^oV ESTABLISHED \%^ 1970 ',,*''" •••*'* 0-v