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Resolution No. 03-083 <br />Page Four <br /> <br />(vii) <br /> <br />Fund 271 - Lower-Income Housing Fund <br />$1,774,153 collected in FY 1996-97. Cash Balance at June 30, 2002 <br />is $10,692,168. Lower-Income Housing Fees are being accumulated <br />in this fund and will be put toward the construction of an assisted <br />living facility in FY-2003-04, will continue to be used for affordable <br />housing loan programs on the Bemal Property and for other housing <br />projects and programs. <br /> <br />Section 2: This resolution shall become effective immediately upon its passage and adoption. <br /> <br /> I HEREBY CERTIFY THAT THE FOREGOING WAS DULY AND <br />REGULARLY ADOPTED BY THE CITY COUNCIL OF THE CITY OF PLEASANTON, AT <br />A MEETING HELD ON JULY 15, 2003 BY THE FOLLOWING VOTE: <br /> <br />AYES: <br />NOES: <br />ABSENT: <br />ABSTAIN: <br /> <br />Councilmembers - Ayala, Brozosky, Hosterman, and Mayor Pico <br />None <br />Councilmember Campbell <br />None <br /> <br />ATTEST: <br /> <br />Peggy L~. E~id/o, City C_~rk <br /> <br />APPROVED AS TO FO, R~: / <br /> <br />Michael H. Roush, City Attorney <br /> <br /> <br />