Loading...
HomeMy WebLinkAboutResolution No. 5631 RESOLUTION NO. 5631 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY AUTHORISING THE SUBMITTAL OF AN APPLICATION TO THE CALIFORNIA STATE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR FUNDING UNDER THE HOME INVESTMENT PARTNERSHIPS PROGRAM; THE EXECUTION OF A STANDARD AGREEMENT IF SELECTED FOR SUCH FUNDING AND ANY AMENDMENTS THERETO; AND ANY RELATED DOCUMENTS NECESSARY TO PARTICIPATE IN THE HOME INVESTMENT PARTNERSHIPS PROGRAMS. WHEREAS, the City of Downey (hereinafter referred to as "City ") , a political subdivision of the State of California, wishes to apply for and receive an allocation of funds through the Home Investment Partnerships Programs (hereinafter referred to as "HOME "); and WHEREAS, the California Department of Housing and Communitr Development (hereinafter referred to as the "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 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 City wishes to submit an application to obtain from the Department an allocation of HOME funds; NOW, THEREFORE, the City Council of the City of Downey does hereby resolve as follows: Section 1. The City of Downey shall submit to the Department an application to participate in the HOME program which will request a funding allocation for the following activities: - Rehabilitation of existing owner- occupied and rental housing units located in the city of Downey. Section 2. If the application for funding is approved, the City of Downey 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 any and all other instruments necessary or required by the Department or HUD for participation in HOME. Section 3 The City authorizes the City Manager to execute the application, the Standard Agreement, and all other documents required by the Department or HUD for participation in the HOME program, and any amendments thereto. PASSED, APPROVED AND ADOPTED this 8 th day of December 1992. � /ag Diane P. V. •s MAYOR ATTEST: / Judith E. _McDonnell CITY CLERK I HEREBY CERTIFY that the foregoing Resolution No. 5631 was duly adopted by the Governing Board of the Community Development Commission of the City of Downey at a regular meeting thereof, held on the 8 th day of December , 1992, by the following vote, to wit: AYES: 5 COUNCIL MEMBERS: Riley, Brazelton, Lawrence, McCaughan, Boggs NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None ABSTAIN: 0 COUNCIL MEMBERS: None / e a Judith E. McDonnell CITY CLERK