Approve the use of up to $460,000 in Community Development Block Grant funds for the acquisition of 1515-1525 River Road and a $65,000 loan from the Construction and Rental Housing Fund for the acquisition of 1505 River. Direct the City Manager to include these items in the FY16 Supplemental Budget #1
| Motion | Moved to approve the use of up to $460,000 in Community Development Block Grant funds for the acquisition of 1515-1525 River Road and a $65,000 loan from the Construction and Rental Housing Fund for the acquisition of 1505 River. Direct the City Manager to include these items in the FY16 Supplemental Budget #1. |
|---|---|
| Moved by | Claire Syrett |
| Seconded by | Greg Evans |
| Yes | Alan Zelenka, Mike Clark, Greg Evans, George Brown, George Poling, Chris Pryor, Betty Taylor, Claire Syrett |
| No | — |
| Result | Passed 8–0 Result as stated in the minutes. |
| Resolution / ordinance / council bill | ACTION: Acquisition of Land for Affordable Housing – 1505-1525 River Road |
| Minutes | Official minutes, page 4 |
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