City of Madison - File #: 12675

• File #: 12675
• Version: 1
• Name: OPERATING BUDGET AMENDMENT # 13
• Type: Operating Budget Amendment
• Status: Defeated
• File created: 11/12/2008
• In control: COMMON COUNCIL
• On agenda: 11/11/2008
• Final action: 11/11/2008
• Title: OPERATING BUDGET AMENDMENT # 13 - Inclusionary Zoning Special Revenue Fund, p. 20
• Sponsors: Brenda K. Konkel, Michael E. Verveer

Date	Ver.	Action By	Action	Result
11/11/2008	1	COMMON COUNCIL	Adopt	Fail

Fiscal Note

Incentive Payments	$(160,000)
Purchase of IZ Lots or Units	$160,000
Total	$0
Levy Impact:	$0

Title

OPERATING BUDGET AMENDMENT # 13 - Inclusionary Zoning Special Revenue Fund, p. 20

Body

Reallocate projected expenditures within the Inclusionary Zoning Special Revenue Fund to provide sufficient additional funding authorization to purchase an IZ home expected to be on the market in 2009 at an estimated price of $250,000.