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HomeMy Public PortalAbout1999.072 (06-01-99)RESOLUTION NO . gg , 72 A RESOLUTION ~ OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING APPROPRIATION OF THE 1992,1993,1994,1995, AND 1996 HOME PROGRAM FUNDS FOR ADMINISTRATIVE COSTS WHEREAS, The City of Lynwood has been an annual recipient of the DOME ~ Investment Partnerships Program since 1992; and, ( ~ WHEREAS, The City of Lynwood is entitled to attribute ten ercent 10% of p ~ ) '~" each years total HOME Program fund allocation for Administration cost for salaries and benefits, per Section 24 Part 92 of the HOME Investment Partnership regulatory guidelines; and, WHEREAS, budget line item appropriations are needed in order to charge the necessary administrative cost associated with the overall day to day management of the HOME~Program activities; and, WHEREAS, In order to proceed, funds from the Unappropriated HOME Investment Partnership Funds need to be appropriated to carry out the requested activity. NOW, THEREFORE, The City Council does hereby resolve as follows: Section 1. That the City Council of the City of Lynwood approves appropriations to HOME Program Administration Budget Line Items. Section 2. That the Interim City Manager or his designee is authorized to prepare and execute any such document related to this activity and make the following fund transfer and appropriation: ~t - Section 3. That this resolution shalll take effect immediately upon its adoption. Unappropriated HOME Funds $318,037 , HOME Funds Appropriation 34-4135 $318,037 ~,-, Ric rdo Sanchez, Mayor _ ATTEST r Andrea L. Hooper, City C erk Ralph av n erim City Manager APPROVED AS TO FORM City Attorney APPROV A TO CONTENT Gary Chicots, Community Development Director 4 I I~ STATE OF CALIFORNIA ) SS. COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 1st, day of June, 1999. AYES: COUNCILMAN BYRD, REA, REYES, RICHARDS, SANCHEZ NOES: NONE ABSENT: NONE ..City Clerk, City of Lynwood STATE OF CALIFORNIA ) SS. COUNTY OF LOS ANGELES ) I, the undersigned City Clerk of the City of Lynwood, and Clerk of the City Council of said City, do hereby certify that the above and foregoing is a full, true and correct copy of Resolution No. 99.72 on file in my office and that said resolution was adopted on the date and by the vote therein stated. Dated this 1st day of June, 1999. ~t - ° City Clerk resoluti/resobp