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91 sales tax proceeds would be diverted to the LHTF if not spend on a qualifying project within three years. <br />92 <br />93 Staff Recommendations <br />94 Adopt ordinances creating a local housing trust fund and allowing for a summary publication. <br />95 <br />96 Requested Council Action <br />97 By motion, adopt ordinances creating a local housing trust fund and allowing for a summary <br />98 publication. <br />99 <br />100 Be advised the ordinance allowing for a summary publication requires a 4/5ths vote. <br />101 <br />102 <br />Janice Gundlach, Community Development Director <br />Prepared by: <br />1. Ordinance <br />Attachments: <br />2. Summary Publication Ordinance <br />3. 11-6-2023 EDA Meeting Minutes <br />103 <br />Page 3 of 3 <br />Qbhf!6!pg!614 <br /> <br />