HomeMy WebLinkAbout2000-152-03.27.2000 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2000-152
RESOLUTION APPROVING OPERATING BUDGET FOR FYE
6-30-2001 FOR SENIOR CITIZEN PUBLIC HOUSING
APARTMENTS AT 225 W. RIDGEWAY AVENUE (RIDGEWAY
TOWERS) AND THE FAMILY SELF-SUFFICIENCY
FAMILY HOUSES.
WHEREAS, the proposed Operating Budget for the fiscal year
ending 6-30-2001 for Senior Citizen Public Housing Apartments at
225 W. Ridgeway Avenue (Ridgeway Towers) and the Family Self-
Sufficiency Family Houses owned and operated by the City of
Waterloo, has been presented to and reviewed by the Waterloo City
Council, and
WHEREAS, it is hereby determined that the proposed
expenditures are necessary in the efficient and economical
operation of these housing projects for the purpose of serving low-
income families; that the financial plan is reasonable in that:
(1) It indicates a source of funding adequate to cover all
proposed expenditures, and
(2) It does not provide for Federal funding in excess of
that payable under the provisions of these regulations,
and
(3) All proposed rental charges and expenditures will be
consistent with provisions of law and the Annual
Contributions Contract, and
(4) Certification as required by HUD Notice PIH 90-1 that
all positions identified do not exceed 100% of any
individual employee' s time.
NOW, THEREFORE, BE IT RESOLVED that the Operating Budget for
the fiscal year ending 6-30-2001 for Senior Citizen Public Housing
Apartments at 225 W. Ridgeway Avenue (Ridgeway Towers) and the
Family Self-Sufficiency Family Houses, as proposed to the Waterloo
City Council, be approved, adopted and submitted to the Department
of Housing and Urban Development for concurrence.
AYES NAYS ABSENT
Anders
Jordan
Krizek
Murphy
Gronen
Getty
Berry
PASSED AND ADOPTED this 27th day of March, 2000.
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Jo n R. Rooff, Ma o ;�
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ATTEST:
Na cy Ec t, City Clerk