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RESOLUTION NO. 96- 17
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH
APPROVING SUBORDINATION AGREEMENT AND
AUTHORIZING SIGNATORY TO AGREEMENT
FOR JESUS AND GUADALUPE SUAREZ, 254 CARLTON, UKIAH
WHEREAS, on February 15, 1988 the City of Ukiah agreed to loan Jesus and
Guadalupe Suarez, $9,000 for rehabilitation of their property at 254 Carlton, Ukiah, CA; and
WHEREAS, said loan was completed under the City of Ukiah Community
Development Block Grant Iow and moderate income housing program; and
WHEREAS, Jesus and Guadalupe Suarez are refinancing the subject property
and have requested the City's loan remain in the third position, and such action
is consistent with the CDBG program guidelines; and
WHEREAS, the City of Ukiah desires to continue meeting the goals and objectives of
the General Plan Housing Element by assisting Iow and moderate income housing.
NOW THEREFORE, BE IT RESOLVED that the City of Ukiah City Council does
hereby approve the Subordination Agreement to Jesus and Guadalupe Suarez for property
at 254 Carlton Ddve (Mendocino County Assessor Parcel Number 001-392-19), in the amount
of $9,000, Exhibit A to this resolution, and authorizes the City Manager to execute same
agreement.
PASSED AND ADOPTED this 4th day of October, 1995 by the following roll call vote:
AYES: Councilmembers Mastin, Malone, Shoemaker, and Mayor Schneiter
NOES: None
ABSENT: Councilmember Wattenburger
ABSTAIN:None
ATTE~T:.~.."~ ~ , /?.J Fred Schnei~r, Mayor
Cathy McKa~, City Clerk
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SUB AGR 1O495
