ORD 2131 ORDINANCE NO . - -'
AN ORDINANCE appropriating $ 77 , 000 . 00 from the General
Fund to appraise and then acquire a residential property to be
developed for affordable housing .
WHEREAS , the City has received a community development block grant to aid in
developing affordable housing , and
WHEREAS , the City desires to appraise and then acquire one residential property with an
existing structure , and then to demolish the structure and develop the property at a higher density ,
and
WHEREAS , the Community Block Grant funds have been placed in the General Fund
and have not been appropriated for any other purpose ,
NOW , THEREFORE , BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
CAMAS AS FOLLOWS :
Section I
The sum of $ 77 , 000 . 00 is hereby appropriated from the General Fund to appraise and
acquire a residential property and to develop the property for affordable housing , and is allocated
as follows :
Line Item Account No . Amount
Land 00120 594 500 61 $ 77 , 000 . 00
Section II
Ordinance 2096 and the Budget for the City of Camas for the Year 1997 are amended to
provide for the aforestated expenditure .
Section III
This ordinance shall take force and be in effect five ( 5 ) days from and after
its publication according to law .
PASSED by the Council and APPROVED by the Mayor this ) Zoo� day of
September , 1997 .
SIGNED :
Mayor
ATTEST . �.
.,
r , Clerk
UPPROVED as to form :
pop
City Attorney