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HomeMy WebLinkAbout03/18/2008 18 Single-Family House Replacement, Vicinity 110 South 8th Street; Budget Amendment and Appropriations BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON • AGENDA STATEMENT / Item No. For Meeting of March 18, 2008 ITEM TITLE: Consideration of legislation regarding replacement, new construction of a single - family house at 110 South 8 Street: A. A resolution authorizing the City Manager to execute contracts for new construction costs of a single - family, affordable house; and B. An Ordinance Amending the 2008 Budget and Making Appropriations in the 124-Office of Neighborhood Development Services (ONDS) Fund SUBMITTED BY: Bill Cook, Director of Community and Economic Development Cindy Epperson, Financial Services Manager CONTACT PERSON/TELEPHONE: Bill Cook — 575 -6227 Archie Matthews — 575 -6101 SUMMARY EXPLANATION: During the year 2007, the house at 110 South 8 Street directly north of the ONDS offices, sustained fire damage to the point it was in the best interest of the neighborhood to demolish it. The out -of -town owner of the house was anxious to sell the property; therefore, ONDS purchased it and demolished the burned building using $41,950 of HOPE 3 Program funds. In the ast ONDS has partnered with OIC of Washington in building single-family, I p p g g affordable housing in the Yakima city limits. OIC has requested to build at this location, and estimates the total construction cost for the house would be $150,000. Upon sale of the house, OIC will pay back $90,000 to ONDS. ONDS recommends the use of HOPE 3 funds for this new construction. The attached appropriation includes the construction expenditure of $150,000, and program income of $90,000. Resolution X Ordinance X Other (Specify) Contract Mail to (name and address): Phone: Funding Source ONDS Fund 12 OPE 3 - unappropriated fund balance APPROVED FOR SUBMITTAL: • �� City Manager STAFF RECOMMENDATION: A: Adopt Resolution B. Read the attached ordinance by title only at the March 4, 2008 Council Meeting. Pass ordinance after second reading at the March 18, 2008 Council Meeting. • BOARD /COMMISSION /COMMITTEE RECOMMENDATION: The Council Neighborhood Development Committee reviewed this item and recommended that it be forwarded to the full Council for consideration. COUNCIL ACTION: • ORDINANCE NO. 2008 - AN ORDINANCE amending the 2008 budget for the City of Yakima; and making appropriations of $150,000 within the 124 — Office of Neighborhood Development Services (ONDS) fund for expenditure during 2008 to provide for new construction of a single - family, affordable house at 110 South 8 Street. WHEREAS, the amount of $150,000 must be appropriated within the 124 — Office of Neighborhood Development Services fund for expenditure during 2008 to provide for new construction costs of a single - family, affordable house, and WHEREAS, at the time of the adoption of the 2008 budget it could not reasonably have been foreseen that the appropriation provided for by this ordinance would be required; and the City Council declares 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 $150,000 is hereby appropriated from the HOPE 3 Unappropriated Fund Balance in the 124 — Office of Neighborhood Development Services to the following accounts as a 2008 appropriation: • Resources: HOPE 3 Program Income -- - 124 - 124 - 330 - 0000 - 38500 -H3P -- $90,000 Expenditures: HOPE 3 Single Family 124 - 124 - 332 - 0000 - 5920 -48K -- $150,000 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 day of _ , 2008. DAVID EDLER, MAYOR ATTEST: CITY CLERK First Reading: Publication Date: • Effective Date: Cje Ord 110 S 8th St ONDS approp 2008 3/13/2008