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Public Hearing - DDA with Olson <br />November 17, 2008 <br />Page 4 <br />FISCAL IMPACT <br />Funds for the Agency acquisition are available in the Low and Moderate <br />Income Housing Fund Infill New Construction account (no. 507-936-6611). <br />Proceeds from the sale of the property to the Community Redevelopment <br />Agency will be deposited in the Capital Outlay Fund revenue account (no. <br />051-O1-5721). <br />Funds for the DDA are available in the Tax Increment Housing Set-Aside <br />account (no. 507-936-6631). Proceeds from the sales of the homes shall <br />be deposited in the Tax Increment Housing Set-Aside Sale of Land Revenue <br />account (no. 507-O1-5721). <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Shelly Landry-Bayle <br />Housing Manager <br />Community Development Agency <br />Francisco Gutierrez ,r_/ <br />Executive Director ("' <br />Finance and Management Services <br />CJN/SLB/mlr <br />111708 JT P H CC-CRA Scattered Infill Lots (3) <br />80A-4 <br />