HomeMy WebLinkAbout2000-24 RESOLUTION NO. 2000-24
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH
APPROVING SUBORDINATION AGREEMENT AND AUTHORIZING SIGNATORY TO
AGREEMENT FOR ESPERANZA FORD, 225 ARLINGTON, UKIAH
WHEREAS, on October 31, 1986 the City of Ukiah agreed to loan Silverio and Rosa Hinojosa
$18,000 for rehabilitation of their property at 225 Arlington, Ukiah, CA; and
WHEREAS, said loan was completed under the City of Ukiah Community Development Block
Grant (CDBG) Iow and moderate income housing program; and
WHEREAS, Esperanza Ford, a single woman, Iow and moderate income housing eligible,
daughter and heir of Silverio and Rosa Hinojosa, now owns the property at 225 Arlington, Ukiah, CA, is
refinancing the subject property, has requested $10,000 of the City's loan remain in the 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, IT IS HEREBY RESOLVED, that the City Council of the City of Ukiah does
hereby approve the Subordination Agreement to Esperanza Ford, for property at 225 Arlington, Ukiah,
CA (Mendocino County Assessor Parcel Number 001-395-14), in the amount of $10,000, Exhibit A to
this resolution, and authorizes the City Manger to execute same agreement.
PASSED AND ADOPTED this 15th day of December, 1999 by the following roll call vote:
AYES:
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
Councilmembers Smith, Libby, Baldwin, Ashiku, and Mayor Mastin
Marie Ulvila, City Clerk
(~m~astin, Mayor
Resolution No. 2000-24
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