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HomeMy WebLinkAboutReso 95-056 - Approve & Adopt the 48th Amendment appropriating $ for the Home Program RESOLUTION NO. �,SCv A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 48TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 94-199 (1) APPROPRIATING $1,235,000 FOR THE HOME PROGRAM AND (2) AUTHORIZING THE RECEIPT OF $1,235,000 IN REVENUE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING: THAT Budget Resolution No. 94-199 be and is hereby amended as follows: FUND DIVISION DESCRIPTION INCREASE DECREASE 191 996 HOME Program $1,235,000 THAT account titles and numbers requiring adjustment by this Resolution are as follows: SOURCE USE OF FUNDS OF FUNDS Increase Revenue A/C No. 191-996-06-1320 HOME Funds $ 997,500 A/C No. 191-996-07-2400 RRA Matching Funds 237,500 Increase Appropriations HOME Program A/C No. 191-996-00-1990 Cross-charge -- Community Development $ 47,500 A/C No. 191-996-00-4872 Downpayment Assistance Program 593,750 A/C No. 191-996-00-4876 Home Rental Program 593,750 1 235 000 $1,235,000 THAT the purpose is to (1) appropriate $1,235,000 for the HOME Program and (2) authorize the receipt of $1,235,000 in revenue. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 7th day of March , 19 95 , and was duly adopted at said meeting by the following vote: AYE: COUNCIL MEMBERS: P. Anderson, Kehoe, McGeorge, Murray and R. Anderson NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None 000 R BERT C. ANDERSON, Mayor ATTEST: FORM APPROVAL: \ CONNIE S`i RGI-3=N�a Y EF. City Clerk DOU AS CALKINS, Interim City Attorney r� C\11