HomeMy WebLinkAboutCouncil Agenda StatementMEETING DATE:
CITY OF NATIONAL CITY, CALIFORNIA
COMMUNITY DEVELOPMENT COMMISSION
COUNCIL AGENDA STATEMENT
June 21, 2010
AGENDA ITEM NO.
ITEM TITLE:
Resolution of the Community Development Commission of the City of National City adopting the
Morgan Tower and Kimball Tower Budgets for Fiscal Year 2011-2012 (Community Development)
PREPARED BY: Alfredo Yba r DEPARTMENT:
PHONE: APPROVED BY:
619 336-4279
EXPLANATION:
ity Development
This is a request to approve the Morgan Tower and Kimball Tower Budgets for Fiscal Year 2011-12.
The Community Development Commission operates several housing programs that benefit very low,
low and moderate -income households in the City of National City. All costs of operating these programs
are revenue offset. There is no cost to the City General Fund.
FINANCIAL STATEMENT:
ACCOUNT NO.
APPROVED:
APPROVED:
The funding source is Morgan Tower and Kimball Tower rental revenues and Section 8 rental
subsidies from the U.S. Department of Housing and Urban Development. There is no cost to
the City General Fund.
ENVIRONMENTAL REVIEW:
Not Applicable
ORDINANCE: INTRODUCTION: FINAL ADOPTION:
Finance
MIS
STAFF RECOMMENDATION:
Adopt the resolution approving the Morgan Tower and Kimball Tower budgets for the fiscal year 2011-
2012.
BOARD / COMMISSION RECOMMENDATION:
ATTACHMENTS:
1. Background
2. Morgan Budget
3. Kimball Budget