HomeMy WebLinkAbout1991-3363 Community Development Fund ORDINANCE NO. a 3 3 6 3
AN ORDINANCE amending the 1991 budget for the City of Yakima, and making
an appropriation of $739,867 in the Community Development
Fund for expenditure during 1991 for an Elderly Home
Ownership Program
WHEREAS, the amount of $739,867 must be appropriated within the
Community Development Fund in order to provide funding for an Elderly Home
Ownership Program, and
WHEREAS, at the time of the adoption of the 1991 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 $739,867 is hereby appropriated from the
Unappropriated Fund Balance in the Community Development Fund to account
numbers as shown in Schedule I as a 1991 appropriation
• 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 21s day of
maY 1991
Cat
MAYOR
ATTEST:
N j, Gch lz� - c.rr►�
CITY CLERK
First Reading ef /-117/
Publication Date 6,?4 /
Effective Date
•
LEGAL/bd
Ordinances
A06
1
I I SCHEDULE I
Community Development Fund
Resources
Account Number Account Name Amount
124 124.332 0000 334.06 2HT State Housing Trust Grant $325,000
124 124.332 0000.391 90 CMM. Mortgage Assumption $354,972
124 124.332 0000.362 60 RCM Rent - Chestnut Manor $60,720
124 124.332 0000 362 90.A35 Rents -Coin Operated Services
(Laundry) $720
Total Resources $741,412
A ppropriations
124 124 332 0000 594.59 620 Buildings $680,832
124 124 332 0000 559.20.311 Office Supplies $2,400
124 124 332 0000 559 20 410 Legal Services $2,850
124 124 332 0000 559.20 410 Administration $11,400
124 124 332 0000 559.20 421 Telephone $600
124 124 332 0000.559 20.460 Insurance $3,300
• 124 124.332 0000 559.20 471 Pacific Power $3,720
124 124 332 0000 559.20 472 Cascade Natural Gas $4,800
124 124 332 0000 559.20 474 Water $2,160
124 124 332 0000 559.20 475 Refuse $720
124 124 332 0000 559.20 480 Repairs and Maintenance $5,240
124 124 332 0000 591 00.700 Debt Service /Principal $1,189
124 124 332 0000 592 00 800 Debt Service /Interest $20,656
Total Appropriations $739,867
To record acquisition and six months of operations for Chestnut Manor
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