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<br />I~, the city p~iied to the ~~ Mateo bounty ice ~~ Housing ~~~ <br />00,00o tov~~rds the ac~u~stion ~~ice forthi project; and <br />~~, The Counter's dousing on~r~itte recon~n~ended that the pity's <br />project be funded at ,000, thereby creating a funding gapF and <br />#H~~, it is reco~nn~ende~ that same ~edevefapr~ent dousing funds e <br />used; and <br />#H~, to repay ~~ & d~E funds preciously aliocted to Bradford <br />street acquisition which hay not proceeded Within the Consolidated F~ia~ period <br />($52G,979} plus; and <br />HE~~ ~ ~,.~-~ i~ ceded a gad innci~g to ~a~ up ~h d~ff~~~ce <br />between a~railahle ~eder~ funds and the actual fair market ~ralue and purchase p~iee o <br />the property; and <br />~EREA, the total ~~ appropriation required i ~7~2,,g.~0. <br />~~ TR~F~R~, ~ IT RE~L~'~ ~~C T ~~PM~T ~~N1C <br />F THE ~TY~ ~ ~~~ ITI~ AND THE ~~~~ F T~~ ~T~ F <br />~DV~~~D IT1~~~ F~~.C~w <br />y The folio~vin stated amounts as sot forth ire full in Attachment' `i" ~rhich <br />are attached hereto and n~a~de a part hereof, are hereby appropriated and <br />transferred far specific purposes ~~ conforr~ the housing first budgeted <br />amount, <br />~, The total cost o~ this transaction is ~ ~,~~~. Appro~in~tely <br />1,0~ ,~ ~0o will come from d~l~~ funds: 01 ~ ,~4 v~ili come from <br />CDC funds, ,000 mill come fronrr Counter dC~M funds, and the RSA <br />will apro~riate ~7',g.4o firam the lede~elopn~ent dousing Fund. <br /> <br />1~~~y~Reso~Reo, ~ 92 <br />o~as~~ <br />~a o~~~~ <br />~u~~#~o~ <br /> <br />