HomeMy WebLinkAboutResolution No. 2005-98
RESOLUTION NO. 2005-98
RESOLUTION DESIGNATING FUNDS FOR SHEFFIELD REDEVELOPMENT
AND COMMUNITY DEVELOPMENT STAFFING
WHEREAS, the City Council of the City of Columbia Heights encourages and supports
redevelopment of the city; and
WHEREAS, the City Council has determined a need for redevelopment in the Sheffield/Heritage
Heights neighborhood; and
WHEREAS, the General Fund fund balance increased in 2004 by $716,878 due to increased
revenue and under expending; and
WHEREAS, it is projected that the General Fund fund balance will increase by over $200,000 in
2005; and
WHEREAS, the City Council is committed to redevelopment in the Sheffield/Heritage Heights
neighborhood and to providing staffing for ongoing redevelopment:
NOW, THEREFORE, BE IT RESOLVED that $180,000 be transferred from the General Fund
lUldesignated fund balance to fund 420 Capital Improvements Community Development for the
ongoing funding of the Community Development Specialist and $700,000 be transferred to fund
410 Sheffield/Heritage Heights Development for ongoing redevelopment in the
Sheffield/Heritage Heights neighborhood.
Passed this 1ih day of December 2005
Offered by:
Kelzenberg
Seconded by:
Diehm
Roll Call:
Ayes: Peterson, Williams, Diehm, Kelzenberg Nay: NaV
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Mayor Gary U. Peterson
Attest:
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. atricia Muscovitz, Deputy Cifv Clerk