File #: RES 23-166    Name: Kents Court Update
Type: BoS Resolution Status: Passed
File created: 8/23/2023 In control: Board of Supervisors
On agenda: 8/29/2023 Final action: 8/29/2023
Title: Adopt a Resolution to: a. Receive a status report on housing at Kents Court; b. Authorize the Auditor-Controller to amend the FY 2023-24 Adopted Budget for Housing and Community Development Department, Fund 175, Appropriation HCD006, to increase appropriations by $1,500,000, where the financing sources Fund Balance (175-3101) (4/5ths vote required). c. Support an increase to the Fiscal Year 2023-24 appropriations in the Castroville-Pajaro Housing Successor Fund 175, Appropriation Unit HCD006 Unit 8547 by $500,000 funded by General Fund Contingencies to fund six weeks of tenant relocation expenses ($500,000)); d. Authorize the Auditor Controller to amend the Fiscal Year 2023-24 Adopted Budget to increase appropriations by $500,000 for the Castroville-Pajaro Housing Successor Fund 175, Appropriation Unit HCD006, funded by an operating transfer from General Fund Contingencies, Fund 001, Appropriation Unit CAO020 of $500,000 (4/5th vote required); and e. Transfer $500,000 from General Fun...
Attachments: 1. Board Report, 2. Attachment A - Draft Resolution, 3. Presentation Item No. 13, 4. Completed Board Order Item No. 13, 5. Completed Resolution Item No. 13
Title
Adopt a Resolution to:
a. Receive a status report on housing at Kents Court;
b. Authorize the Auditor-Controller to amend the FY 2023-24 Adopted Budget for Housing and Community Development Department, Fund 175, Appropriation HCD006, to increase appropriations by $1,500,000, where the financing sources Fund Balance (175-3101) (4/5ths vote required).
c. Support an increase to the Fiscal Year 2023-24 appropriations in the Castroville-Pajaro Housing Successor Fund 175, Appropriation Unit HCD006 Unit 8547 by $500,000 funded by General Fund Contingencies to fund six weeks of tenant relocation expenses ($500,000));
d. Authorize the Auditor Controller to amend the Fiscal Year 2023-24 Adopted Budget to increase appropriations by $500,000 for the Castroville-Pajaro Housing Successor Fund 175, Appropriation Unit HCD006, funded by an operating transfer from General Fund Contingencies, Fund 001, Appropriation Unit CAO020 of $500,000 (4/5th vote required); and
e. Transfer $500,000 from General Fund Contingencies, Fund 001, Appropriation Unit CAO020, to the Castroville-Pajaro Housing Fund 175, Appropriation Unit HCD006, where General Fund Contingencies has sufficient appropriations in the FY 2023-24 Adopted Budget to cover the transfer (4/5th vote required).
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors adopt a Resolution to:
a. Receive a status report on housing at Kents Court;
b. Authorize the Auditor-Controller to amend the FY 2023-24 Adopted Budget for Housing and Community Development Department, Fund 175, Appropriation HCD006, to increase appropriations by $1,500,000, where the financing sources Fund Balance (175-3101) (4/5ths vote required).
c. Support an increase to the Fiscal Year 2023-24 appropriations in the Castroville-Pajaro Housing Successor Fund 175, Appropriation Unit HCD006 Unit 8547 by $500,000 funded by General Fund Contingencies to fund six weeks of tenant relocation expenses ($500,000);
d. Authorize the Auditor Controller t...

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