HomeMy WebLinkAbout1992-3494 Community Development Fund ORDINANCE NO. ' 3 4 9 4
AN ORDINANCE amending the 1992 budget for the City of Yakima, and
making an appropriation of $824,000 in the Community
Development Fund for expenditure during 1992 for
additional 1992 grant awards from the State
Department of Community Development for a rental
rehabilitation program and the Federal Department of
Housing and Urban Development for the Hope 3
program
WHEREAS, the amount of $824,000 must be appropriated within the
Community Development Fund in order to provide funding for additional grant
awards from the State Department of Community Development for a rental
rehabilitation program and the Federal Department of Housing and Urban
Development for the Hope 3 program, and
WHEREAS, at the time of the adoption of the 1992 budget it could not
reasonably have been foreseen that the appropriation provided for by this
ordinance would be required, and the City Council finds that an emergency
exists of the type contemplated by RCW 35 33.091 and that it is in the best
• interests of the City to make the appropriation herein provided, now, therefore,
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. The amount of $824,000 is hereby appropriated from the
Unappropriated Fund Balance in the Community Development Fund to the
various accounts and in the various amounts, and for the various specific
purposes, all as specified in the Schedule attached hereto and incorporated
herein as 1992 appropriations
Section 2. This ordinance is one making an appropriation and shall take
effect immediately upon its passage, approval and publication as provided by
law and by the City Charter
PASSED BY THE CITY COUNCIL, signed and approved this 15
day of ouT , 1992
MAYOR
ATTEST: y
CITY CLERK
First Reading 10/06/92
Publication Date ■ o/k
Effective Date lb /II /J
AO/Memo 9/23/92
SCHEDULE 1
Community Development Fund
Resources
Account Number Account Name Amount
124 124 330 0000 334 06 9RR State DCD- Rental Rehab - $100,000
124 124 330 0000 331 14 2H3 HUD- Hope 3 Program $724,000
$824,000
Appropriations
124 124.331 HSS1.559.20 48J State DCD - Rental Rehab $100,000
124 124.331 HS06 559.20 48K Hope 3 program $641,000
124 124.331 HS06 559.20 410 Prof Services -Hope 3 program $83,000
Total Appropriations $824,000
•