HomeMy WebLinkAboutReso 2020-120 - Approve & Adopt the 49th Amendment to City Budget Reso 2019-050 Appropriating $ for Affordable Housing & Sustainable Communities Program Funds for FY 2020-21 RESOLUTION NO. 2020-120
A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE
49TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 2019-050
APPROPRIATING $18,449,540 FOR AFFORDABLE HOUSING AND SUSTAINABLE
COMMUNITIES(AHSC)PROGRAM FUNDS FOR FISCAL YEAR 2020-21
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OFREDDING
THAT Budget Resolution No. 2019-049 be and is hereby amended as follows:
FUND DIVISION DESCRIPTION INCREASE DECREASE
191 996 H.O.M.E Program 18,449,540
THAT account titles and numbers requiring adjustments by this Resolution are as follows:
USE SOURCE
OF FUNDS OF FUNDS
Increase(Decrease) Revenue
191-996-6-1200-14 St Grant Operating $ 18,449,540
Increase(Decrease) Expenditures
191-996-4873-05 AHSC State Block 7 Loan $ 18,449,540
Total $ 18,449,540 $ 18,449,540
THAT the purpose is to appropriate $18,449,540 for AHSC program funds for fiscal year 2020-
21.
I HEREBY CERTIFY that the foregoing resolution was introduced at a regular meeting of the
City Council of the City of Redding on the 6th day of October, 2020, and was duly adopted at
said meeting by the following vote:
AYES: COUNCIL MEMBERS: Dacquisto,Resner, Schreder,Winter,and McElwain
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
ADAM McELVAIN, Mayor
ATTEST: FORM APPROVAL:
PAMELA MIZE, City (Wrk BTAMY E. DeWALT, City Att rney