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April 8, 2003 <br /> <br /> B. A personnel matter under the jurisdiction of the City Council, as <br /> authorized by Subsection 1. <br /> C. A prospective business or industry or expansion of an existing <br /> business or industry where no previous announcement has been <br /> made of the business' or industry's interest in locating or expanding <br /> its facilities in the community, as authorized by Subsection 5. <br /> <br /> Council recessed and convened as the Martinsville Redevelopment and Housing <br />Authority at 8:50 P. M. <br /> <br /> The Authority considered adoption of a Resolution approving the operating <br />budget for fiscal year 2004 for Section 8 Moderate Rehabilitation and Housing - Choice <br />Voucher Programs. Wayne Knox, Planning, Zoning, & Housing Manager, highlighted <br />the budget. Vice Chairman Roop moved to adopt the following Resolution; the motion <br />was duly seconded and carried by the following vote, with all members voting: Vote 5 - <br />0; Yeas (5) - Cobbe, Dallas, Ferrill, Roop, Teague; Nays (0) - None: <br /> <br /> WHEREAS, the operating Budget for Fiscal year July 1, 2003 through <br /> June 30, 2004 for Section 8 Moderate Rehabilitation Project <br /> VA045MR0001 has been reviewed by the Members of the Martinsville <br /> Redevelopment and Housing Authority; and <br /> WHEREAS, the operating Budget for Fiscal Year July 1, 2003 through <br /> June 30, 2004 for Section 8 Housing - Choice Vouchers has been <br /> reviewed by the Members of the Martinsville Redevelopment and Housing <br /> Authority; and <br /> (a) The proposed expenditures are necessary in the efficient and <br /> economical operation of the Housing Authority for the purpose of serving <br /> Iow - income families. <br /> (b) The financial plan is reasonable in that it indicates a source of <br /> funding adequate to cover all proposed expenditures. <br /> (c) All proposed changes and expenditures will be consistent with <br /> provisions of law and the Annual Contributions Contract; now, therefore <br /> BE IT RESOLVED, that the Members of the Martinsville Redevelopment <br /> and Housing Authority, in regular session assembled on April 8, 2003, <br /> hereby approve the Operating Budgets for Fiscal year July 1, 2003 <br /> through June 30, 2004 for Section 8 Moderate Rehabilitation Project <br /> VA045MR0001 and Housing - Choice Vouchers. <br /> <br /> <br />