HomeMy WebLinkAboutReso 10-2003 RESOLUTION NO. 10-2003
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
A RESOLUTION APPROVING A BUDGET AMENDMENT TO THE
2002-2003 OPERATING PROGRAM BUDGET (NO. 03-15)
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San
Francisco that the City Council hereby approves the following:
1. The modifications to the revenue projections set forth in the staff report are hereby
adopted.
The Operating Budget is hereby amended to appropriate $415,000 from the
Low/Moderate Income Housing Fund for the acquisition of the real property located 440
Commercial Avenue in South San Francisco.
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The Operating Budget is further amended to appropriate $430,000 from the
Low/Moderate Income Housing Fund for rehabilitation of affordable units acquired in
the Willow Gardens project.
I hereby certify that the foregoing Resolution was regularly introduced and adopted by the
City Council of the City of South San Francisco at a regular meeting held on the 22nd day of January
2003 by the following vote:
AYES: Councilmembers Joseph A. Femekes, Richard A. Garbarino, Sr. and Raymond L.
Green, Mayor Pro Tem Karyl Matsumoto and Mayor Pedro Gonzalez
NOES: None.
ABSTAIN: None.
ABSENT: None.
ATTEST:
' ~/City Clerk