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HomeMy WebLinkAbout96-1910 11 12 13 14 15 16 17 18 19 2O 21 22 23 24 25 26 27 28 AYES: NOES: ABSENT: RESOLUTION NO. 96- 19 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH APPROVING SUBORDINATION AGREEMENT AND AUTHORIZING SIGNATORIES TO AGREEMENT FOR DENISE BURRELL GORNY, 278 EMPIRE DRIVE, UKIAH WHEREAS, on November 24, 1986 the City of Ukiah agreed to loan Olga Burrell, $14,546.33 for rehabilitation of her property at 278 Empire Drive, Ukiah, CA; and WHEREAS, said loan was completed under the City of UkJah Community Development Block Grant Iow and moderate income housing program; and WHEREAS, Olga Burrell is deceased and the property is being taken over by her heirs including a first mortgage with the City requested to be placed in a "second" 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 Denise Burrell Gomy for property at 278 Empire Drive (Mendocino County Assessor Parcel Number 001-370-05), in the amount of $14,546.33, 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: Councilmembers Mastin, Malone, Shoemaker, and Mayor Schneiter None ABSTAIN: None / / AT, rEST,.;, Cathy Mc~ay, City ~,erk mfh:resord BURSUB10495