HomeMy WebLinkAboutResolution 17 - 2022 - Budget Supplemental and Contract Award Housing Strategy
CITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. 17
Series of 2022
TITLE: A RESOLUTION AMENDING THE 2022 FISCAL YEAR
GENERAL FUND BUDGET TO REFLECT THE APPROVAL
OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE
AMOUNT OF $150,000 TO ACCEPT GRANT FUNDS FROM
THE COLORADO DEPARTMENT OF LOCAL AFFAIRS FOR
THE PURPOSE OF AWARDING A CONTRACT AND
APPROVING SUBSEQUENT PAYMENTS TO CZB LLC FOR
AN AFFORDABLE HOUSING STRATEGY AND ACTION
PLAN
WHEREAS, the City received a $112,500 grant from the Colorado Department of
Local Affairs (DOLA) Affordable Housing Planning Grant Program which requires a City
match of $37,500 (25%) to complete an Affordable Housing Strategy and Action Plan;
and
WHEREAS, the City Council wishes to accept and appropriate these funds for the
total project cost into the 2022 Fiscal Year General Fund budget with subsequent
reimbursements up to $112,500 from DOLA; and
WHEREAS, the Wheat Ridge Charter requires that amendments to the budget
be effected by the City Council adopting a resolution.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Wheat
Ridge, Colorado, as follows:
Section 1. Budget Amended
A transfer of $150,000 is hereby approved from General Fund undesignated
reserves to account 01-121-700-750 and the 2022 revenues are amended
accordingly.
Section 2. Contract Approved
A contract with czb LLC is approved to perform the required professional
services for completion of the Affordable Housing Strategy and Action Plan.
DONE AND RESOLVED this 28th day of March, 2022.
________________________________
Bud Starker, Mayor
ATTEST:
Steve Kirkpatrick, City Clerk