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HomeMy WebLinkAboutResolutions - No. 2006-77RESOLUTION NO. 2006-77 ........ . . . . . . . . .... NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Lodi does hereby approve the transfer of $202,200 in Community Development Block Grant funds from Project 02-07 Housing Assistance Programs to Project 05-02 LOEL Senior Housing Acquisition Project in order to expedite the LOEL Foundation acquisition of 303 E, Oak Street to provide affordable senior housing; and BE IT FURTHER RESOLVED that the City Council further approves the administrative reallocation of $4,691 from the City's balance of Program Administration funding (Project 0310) to complete the funds for the acquisition. Dated: May 3, 2006 I hereby certify that Resolution No. 2006-77 was passed and adopted by the City Council of the City of Lodi in a regular meeting held May 3, 2006, by the following vote: AYES.- COUNCIL MEMBERS — Beckman, Hansen, Johnson, Mounce, and Mayor Hitchcock ABSENT: COUNCIL MEMBERS —None ABSTAIN: COUNCIL MEMBERS — None SUSAN J. BLA KSTON City Clerk