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HomeMy WebLinkAbout93-41 1 2 3 4 5 6 7 8 9 10 II 12 13 14 15 16 17 18 19 2O 21 22 23 24 25 26 27 28 RESOLUTION NO. 9 3-4 ~ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH AUTHORIZING SUBMITTAL OF APPLICATION TO THE HOME INVESTMENT PARTNERSHIPS PROGRAM AND AUTHORIZING CITY MANAGER TO EXECUTE AGREEMENT WltEREAS, the City of Ukiah, a political subdivision of the State of California, wishes to apply for and receive an allocation of funds through the Home Investment Partnerships Program ("HOME"); and WHEREAS, the California Department of Housing and Community Development ("Department") has issued a Notice of Funding Availability for the HOME program and is authorized to approve funding allocations which will be made available directly through the U.S. Department of Housing and Urban Development (HUD) to be used for the purposes set forth in Title II of the Cranston-Gonzalez National Affordable Housing Act of 1990, the implementing regulations set forth in Title 24 of the Code of Federal Regulations, part 92, and Title 25 of the California Code of Regulations commencing with section 8200; and WHEREAS, the Ford Street Project proposes specific use of the these funds to purchase and rehabilitate an apartment structure for low income housing pursuant to the requirements and intent of HOME. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF UKIAH HEREBY RESOLVES THAT: The City of Ukiah shall submit to the DEPARTMENT an application to participate in HOME which will request a funding allocation for acquisition and rehabilitation of the Redwood Apartments encompassing 20 units of housing for low income persons located within the City of Ukiah. If the application for funding is approved, the City of Ukiah hereby agrees to use the HOME funds for eligible activities in the manner presented in the application as approved by the Department and in accordance with regulations cited above. It also may execute 1 2 3 4 5 6 7 8 9 10 1! 12 13 14 15 16 17 18 19 2O 21 22 23 24 25 26 27 28 any and all other instruments necessary or required by the DEPARTMENT or HUD for participation in HOME. The City of Ukiah authorizes the City Manager to execute in the name of the City of Ukiah, the application, the Standard Agreement, and all other documents required by the DEPARTMENT or HUD for participation in HOME, and any amendments thereto. PASSERS AND ADOPTED this 16th day of December, 1992. AYES: Councilmembers Malone, McMichael, and Mayor Schneiter NOES: None Wat~enburger, Shoemaker ABSENT: None ABSTAIN: A : 2:PLAN\CCRESO