Resolution 15989CITY OF ALAMEDA RESOLUTION NO. 15989
AMENDING THE GRANTS FUND BUDGET (222) TO APPROPRIATE
AN ADDITIONAL $2,555,844 FOR HOMEKEY 2.0 GRANT PROJECT
(G24030)
WHEREAS, on June 21, 2022, the City Council adopted a budget representing
the financial plan for conducting the affairs of the City of Alameda for the Fiscal Year
beginning July 1, 2022 and ending June 30, 2023; and
WHEREAS, staff is proposing that Grants Fund (222) expenditure appropriations
and revenue budget for Homekey 2 grant project be increased by $2,555,844 to reflect
receipt of grant funds from the California Department of Housing and Community
Development; and
WHEREAS, City Council has considered the report and recommendations of the
Interim City Manager on the budget amendment and has determined that the budget
amendment is both fair and appropriate; and
WHEREAS, this budget ensures that the City of Alameda has exercised prudent
judgment in its fiduciary responsibility as guardian of the public tax dollars.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda
that the budget amendment to the Homekey 2.0 Grant Project (G24030) budget is
approved for revenue and expenditure estimates of $2,555,844.
I, the undersigned, herby certify that the foregoing Resolution was duly and
regularly adopted and passed by the Council of the City of Alameda in a regular
meeting assembled on the 18th day of October 2022, by the following vote to wit:
AYES: Councilmembers Daysog, Knox White, Vella and Mayor Ezzy
Ashcraft — 4.
NOES: Councilmember Herrera -Spencer — 1.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEROF, I have hereunto set my hand and affixed the seal of
said City this 19th day of October 2022.
APPROVED AS TO FORM:
Yibin Shen, City Attorney
City of Alameda
Lara Weisiger, City Clerk
City of Alameda