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HomeMy WebLinkAbout5394RESOLUTION NO. 5394 A RESOLUTION AUTHORIZING THE TRANSFER OF COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) PROGRAM INCOME INTO THE APPROPRIATE EXPENDITURE ACCOUNTS ON A MONTHLY BASIS WHEREAS, the City of Pueblo receives income from three CDBG activities; and WHEREAS, the Department of Housing and Urban Development (HUD) requires that program income be deposited upon receipt; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that: SECTION 1. On a monthly basis income from the following accounts will be deposited into the expenditure accounts as noted and the budgets immediately adjusted accordingly. FROM ACCOUNT #04- 009 -599 Program Income #04- 009 -600 Commercial Revolving Loan Fund #04- 009 -601 Sewer & Water TO Most current Housing Rehabilitation Loan /Grant Program Most current Commercial Revolving Loan Fund Program Most current Contingency Account INTRODUCED May 29 , 1984 MIKE OCCHIATO Councilman APPROVED: ATTEST: City Clerk