HomeMy WebLinkAboutResolution No. 5915 RESOLUTION NO. 5915
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF DOWNEY AUTHORIZING THE CITY MANAGER TO
SUBMIT, TO THE DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT, AN APPLICATION FOR $ 1.4
MILLION IN LOAN GUARANTEE FUNDS, PURSUANT TO
SECTION 108 OF THE HOUSING AND COMMUNITY
DEVELOPMENT ACT OF 1974, AS AMENDED;
-- WHEREAS, The City of Downey, (hereinafter referred to as
"CITY ") wishes to apply for $1.4 million in loan guarantees
with the Department Of Housing and Urban Development through the
Section 108 Loan Program;
WHEREAS, the City intends to use funds obtained from the
loan towards the renovation of the Community /Senior facility at
the Apollo Park Neighborhood Center,
NOW, THEREFORE, the City Council of the City of Downey does
hereby resolve as follows:
SECTION 1. That the City authorizes the City Manager to
submit the Application, Certifications and amendments thereto,
and direct the City Manager as the official representative in
connection with the application to provide additional information
all understandings and assurances as may be required.
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SECTION 2. The City authorizes the City Manager to execute
the application and such documents as may be required in order to
implement the application.
APPROVED AND ADOPTED this 28th day of November ,1995
, , 4 _ W A 4
Gary . McCaughan, •
ATTEST:
41111 , . lit J./ / / /
O :ith E. McDonnell City Clerk
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I HEREBY CERTIFY that the foregoing Resolution No. 5915 was
duly adopted by the Governing Board of the City of Downey at a
regular meeting thereof, held on the 28th day of November , 1995,
by the following vote, to wit:
AYES : 5 COUNCIL MEMBERS: g , Lawrence, RE.4w, Bra,zelton p Mc CAughan
NOES : 0 COUNCIL MEMBERS : None
AB S ENT : 0 COUNCIL MEMBERS ; None - -
ABSTAIN : 0 COUNCIL H E RS ; None
it..:_ '11 41---x-e-a
Judith E. McDonnell
City Clerk