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HomeMy WebLinkAboutResolution 5222 Amending the City's Annual Budget to Make Changes to the Operating in the Community Housing Fund Appropriations RESOLUTION 5222 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, AMENDING THE CITY’S ANNUAL BUDGET TO MAKE CHANGES TO THE OPERATING IN THE COMMUNITY HOUSING FUNDAPPROPRIATIONS APPROVED JUNE 22, 2020. APPROPRIATIONS WILL BE FUNDED BY FUND RESERVES. WHEREAS, the City Commission did, on the 22nd day of June, 2020, after due and proper legal notice, conduct a public hearing and adopt a municipal budget for Fiscal Year 2020- 2021 (Fiscal Year 2021); and WHEREAS, the City Commission did, on the 6th day of October, 2020, after due and proper legal notice, conduct a public hearing on proposed amendments to the municipal budget. NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman, Montana, to wit: Section 1 – Appropriation Additions The City Commission of the City of Bozeman, Montana, does hereby authorize additional expenditures in the Community Housing Fund increasing Appropriation by $225,000, for housing project grants. Section 2 – Use of Cash on Hand in the Community Housing Fund The increased appropriation will be funded with cash on hand in the Community Housing Fund. Section 3 Pursuant to Section 7-6-4030, M.C.A., this resolution, upon its passage, shall be in full force and effect on July 1, 2020. DocuSign Envelope ID: 035814E8-A0DA-414D-9BAF-95F702D922EF Section 4 That should it be found by any court of competent jurisdiction that any section, clause, portion, sentence, word, or phrase of this resolution is deemed to be contrary to any existing law or regulations, that in this instance, it is the intent of the City Commission of the City of Bozeman, Montana, that all other portions, sections, words, clauses, phrases, or paragraphs of this document shall remain in full force and effect. PASSED, ADOPTED, AND APPROVED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 6th day of October, 2020. ___________________________________ CYNTHIA L. ANDRUS Mayor ATTEST: ___________________________________ MIKE MAAS City Clerk APPROVED AS TO FORM: ___________________________________ GREG SULLIVAN City Attorney DocuSign Envelope ID: 035814E8-A0DA-414D-9BAF-95F702D922EF