§ 29.03.030. Expenditure.


Latest version.
  • Expenditures by the planning director from the affordable housing fund shall be controlled, authorized and paid in accordance with general county budgetary policies. Every recipient shall enter into a written agreement with the county which sets forth the terms and conditions of the grant or loan. At a minimum, the agreement shall describe the allowable uses of the grant or loan funds, the dollar amount and disbursement method, compliance with the applicable county standards and policies for affordable housing including, but not limited to, Title 22, Section 22.12.070 — Housing affordability standards and Title 23, Section 23.04.094 — Housing affordability standards, and periodic reporting to assist the county in the monitoring of compliance with the agreement.

(Ord. No. 3171, § 1, 12-9-08)