Item Coversheet

ASSEMBLY AGENDA/MANAGER'S REPORT
THE CITY AND BOROUGH OF JUNEAU, ALASKA

Ordinance 2019-06(AD) An Ordinance Appropriating to the Manager the Sum of $18,086 as Funding for the Land for Senior Assisted Living Capital Improvement Project; Funding Provided by Affordable Housing Fund’s Fund Balance.

MANAGER'S REPORT:

This housekeeping ordinance would appropriate $18,086 of the Affordable Housing Fund’s Fund Balance to the Land for Senior Housing CIP. The original appropriation of $1,512,000 was approved as part of the FY20 CIP resolution. That appropriation amount was incidentally incorrect, as $1,519,000 was the purchase price agreed upon by the seller and approved by the Lands Committee. Additionally, the CIP appropriation was insufficient to pay closing costs of $11,086.

 

This appropriation ordinance corrects these errors.  

RECOMMENDATION:

The City Manager recommends the Assembly adopt this ordinance.

ATTACHMENTS:
DescriptionUpload DateType
Ordinance 2019-06(AD)5/26/2020Non-Code Ordinance