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.