Loading...
HomeMy WebLinkAboutMINUTES - 07291986 - 1.43 THE BOARD OF COMMISSIONERS, HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA RESOLUTION NO. 3495 RESOLUTION INDICATING REVIEW AND APPROVAL OF REVISION NO. 1 TO OPERATING BUDGET FOR LHA OWNED. RENTAL HOUSING PROPERTIES WHEREAS, the Board of Commissioners did in fact review and approve an operating budget for Projects CAL 11-1 thru CAL 11-6; CAL 11-8 thru CAL 11-13, and CAL 11-15 for the fiscal year ending March 31, 1987 in its Resolution No. 3483 dated February 4, 1986; and, WHEREAS, said budget has been reviewed and Staff has recalculated the subsidy payments due to the Housing Authority for the Fiscal Year ending March 31, 1987 and prepared Budget Revision No. 1 to the Operating Budget: NOW, THEREFORE, BE IT RESOLVED after review of said calculations and Budget Revision No. 1, the Board of Commissioners of the Housing Authority, of the County of Contra Costa hereby approves said revision and finds: (1) That the proposed expenditures are necessary in the efficient and economical operation of housing for the purpose of serving low-income families; (2) That the financial plan is reasonable in that it is prepared in accordance with Performance Funding; and (3) That all proposed rental charges and expenditures will be consistent with provisions of law and the Annual Contributions Contract. July, 29_, 1.986.. ADOPTED ON by the following vote of the Commissioners: AYES: Corms .s-sioners, 'Fanden, McPeak, Schroder , Torlakson, and Powers. NOES: None . I hereby certify that this is a true and correct copy of ABSENT: an action taken and entered on the minutes of the None . Board of Supe isors n the date shown. Y ABSTAIN: None . ATTESTED: . PHIL EUTCHELA, Clerk of the board CC County Administrator of Supervisors and County AdMinistrator County Counsel .Housing Authority Deputy BY Pu tY