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TO REVIEW AND APPROVE THE INTRA-CATEGORY TRANSFER AND EXPENDITURE OF $100,000 OR MORE WITHIN A COVERED FUND UNDER ORDINANCE 18-10 (ADDITIONAL FISCAL OVERSIGHT BY THE COMMON COUNCIL) Re: A $250,000 Transfer from Line 399 (Other Services and Charges) to Line 396 (Grants) within the Housing Development Fund (#905) and Expenditure of Transferred Funds

This Resolution is submitted in accordance with Ordinance 18-10 (Additional Fiscal Oversight by the Common Council) and proposes the transfer of $250,000 from Line 399 (Other Services and Charges) to Line 396 (Grants) within the Housing Development Fund and the expenditure of those funds part of the affordable housing component of the City's recovery forward initiative to help the Bloomington community progressively recover in the wake of the COVID-19 pandemic. Note: At the Regular Session on 12 August, 2020, the Council adopted Amendment OJ, which corrected the name of Fund #905 (Housing Development Fund) wherever it appeared in the Resolution.

Amends CodeNo
Final 2020-08-12 pass 8-0 (Rosenbarger, absent)
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