HomeMy WebLinkAbout2017-51 CC Reso - Adopting Adminstrative Program Guidelines for hte Ukiah Housing Trust Fund RESOLUTION NO. 2017- 51
RESOLUTION OF THE CITY OF UKIAH COUNCIL ADOPTING ADMINISTRATIVE PROGRAM
GUIDELINES FOR THE UKIAH HOUSING TRUST FUND
WHEREAS, the California Legislature recognizes there is a critical shortage of affordable
housing throughout the State of California; and
WHEREAS, the City of Ukiah ("City") lost dedicated sources of funding for affordable
housing with the dissolution of the Ukiah Redevelopment Agency and cuts in federal and state
funding; and
WHEREAS, there is a need for affordable housing in the City of Ukiah as stated in the
General Plan Housing Element; and
WHEREAS, the City desires to create a housing trust fund to provide a source of funding
for assisting in the preservation and construction of affordable housing within the City;
WHEREAS, from time to time the City receives donations and contributions from third-
party benefactors that are designated for specific purposes, including the City's affordable
housing needs; and
WHEREAS, from time to time the City may have discretionary and/or grant revenues
available in the budget to contribute directly to the housing trust fund.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF UKIAH DOES HEREBY
RESOLVE AS FOLLOWS:
Section 1. There is hereby created a special revenue fund type, or other fund type and
category as determined appropriate by the City's Finance Director, as the "Ukiah Housing Trust
Fund"for the purpose of receiving and disbursing funds to address the affordable housing needs
of the City of Ukiah.
Section 2. From time to time the City may allocate discretionary and/or grant revenues
from its budget to the Ukiah Housing Trust Fund.
Section 3.The Ukiah Housing Trust Fund shall be administered by the City's Community
Development Department- Housing Division-in conjunction with the City's Finance Department.
BE IT FURTHER RESOLVED that the City Clerk shall certify to the adoption of this
Resolution and the same shall be in full force and effect immediately.
PASSED AND ADOPTED this 18th day of October, 2017, by the following roll call vote:
AYES: Councilmembers Scalmanini, Crane, Mulheren, Doble, and Mayor Brown
NOES: None
ABSENT: None
ABSTAIN: None
Ji . Brown, Mayor
ATTEST:
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Ashley Coco, Deputy City Clerk