HomeMy WebLinkAbout1989-123-03.20.1989 of u i
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H n RESOLUTION NO. 1989-123
H
s PUBLIC HOUSING AUTHORITY OF THE CITY OF WATERLOO, IOWA.
WHEREAS, the proposed Operating Budget for the fiscal year
1990 for Project, Ridgeway Towers Apartments of 225 W. Ridgeway
Avenue, owned and operated by the Waterloo Housing Authority has
I) been presented to and reviewed by the Board of Commissioners, and
QJ
WHEREAS, it is hereby determined that the proposed
' expenditures are necessary in the efficient and economical
operations 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.
NOW, THEREFORE, BE IT RESOLVED that the Operating Budget for
the fiscal year 1990 for Project Ridgeway Towers Apartments, 225
W. Ridgeway as proposed to the Board of Commissioners, be
approved, adopted and submitted to the Department of Housing and
Urban Development of concurrence.
AYES NAYS ABSENT
Brown Fox
Dell Buck
Angel
Wright
Budak
PASSED AND ADOPTED this 20th day of March, 1989 .
Bernard L. McKi'ley, Mayor
ATTEST:
'tar y P. ur e , ty erk/Auditor
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