HomeMy WebLinkAbout1990-169-03.26.1990 tJ
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0 0 H RESOLUTION NO, 1990-169
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H H n RESOLUTION APPROVING OPERATING BUDGET FOR FISCAL
0 H YEAR 1991 FOR RIDGEWAY TOWERS APARTMENTS AT 225 W.
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> RIDGEWAY AVENUE ACTING AS PUBLIC HOUSING AUTHORITY
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0 tp No OF THE CITY OF WATERLOO, IOWA.
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i0H WHEREAS, the proposed Operating Budget for the fiscal
0OkU,91 for Project, Ridgeway Towers Apartments of 225 W.
7 R4.4gioy Avenue, owned and operated by the Waterloo Housing
Authority has been presented to and reviewed by the Board of
(j), 00!)Mitioners, and
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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
i4gdnable in that:
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ttr , D( 1 ) It indicates a source of funding adequate to cover
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• (2) It does not provide for Federal funding in excess
of that payable under the provisions of these
H regulations; and
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,( 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 1991 for Project Ridgeway Towers
Apartments, 225 W. Ridgeway Avenue as proposed to the Board
of Commissioners, be approved, adopted and submitted to the
Department of Housing and Urban Development for concurrence.
AYES NAYS ABSENT
Brown None None
Dell
Angel
Wright
Budak
Fox
Buck
PASSED AND ADOPTED this 26th day of March, 1990.
Bernard L. Mc inley, may
ATTEST:
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Lar P. rger, Ci Clerk/Auditor