HomeMy WebLinkAbout2024 - RESO 34 - Housing Fund SupplementCITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 34 Series of 2024
TITLE: A RESOLUTION AMENDING THE 2024 HOUSING FUND BUDGET TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $20,000 FOR THE PURPOSE OF FUNDING AN INCLUSIONARY HOUSING ECONOMIC ANALYSIS
WHEREAS, the City desires to acquire consulting services to evaluate the impact of affordable housing policies; and WHEREAS, the City Council previously approved the 2024 Housing Fund Budget
which included $20,000 for professional services; and
WHEREAS, an additional $20,000 if needed to bring the total available funds for professional services to $40,000 to ensure enough funds are available to secure a qualified consultant for the analysis; 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 Wheat Ridge City Council, that:
1. A transfer of $20,000 from Housing Fund undesignated reserves to account #45-101700-750 is hereby approved.
DONE AND RESOLVED this 8th day of July 2024.
______________________________
Bud Starker, Mayor
ATTEST:
___________________________________ Margy Greer, Sr. Deputy City Clerk