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HomeMy WebLinkAboutResolution 2003-174 N.C.S. 09/08/2003resolution No.2003-174N.C.S. of the City of Petaluma, California RESOLUTION AUTHORIZING THE SUBMITTAL OF AN APPLICATION TO THE CALIFORNIA STATE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR FUNDING UNDER THE CALHOME 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 CALHOME PROGRAM WHEREAS: A. The City of Petaluma, a political subdivision of the State of California, wishes to apply for and receive an allocation of finds through the CalHome Program; and, B. The California Department of Housing and Community Development (hereinafter referred to as "HCD") has issued a Notice of Funding Availability ("NOFA") for the CalHome program established by Chapter 84, Statutes of 2000 (SB 1656 Alarcon), and codified in Chapter 6 (commencing with Section 59650) of Part 2 of Division 31 of the Health and Safety Code (the "statute"). Pursuant to the statute, HCD is authorized to approve funding allocations utilizing monies made available by the State Legislature to the CalHome program, subject to the terms and conditions of the statute and the CalHome Program Regulations adopted by HCD on July 15, 2003; and, C. The City of Petaluma wishes to submit an application to obtain from HCD an allocation of CalHome funds in the amount of $500,000.00. NOW, THEREFORE, BE IT RESOLVED THAT: 1. The City of Petaluma shall submit to HCD an application to participate in the CalHome Program in response to the NOFA issued on July 16, 2003 which will request a funding allocation for the following activities: Resolution No. 2003-174 N.C.S. ® Development of a subdivision for first time homebuyer, of which approximately 25 would be assisted with CaII``Iome Mortgage Assistance. 2. If the application for funding is approved, the City of Petaluma hereby agrees to use the CalHome funds for eligible activities in the manner presented in the application as approved by HCD and in accordance with program regulations cited above. It also may execute any and all other instruments necessary or required by HCD for participation in the CalHome Program. 3. The City of Petaluma City Manager is hereby authorized to execute in the name of the City of Petaluma, the application, the Standard Agreement, and all other documents required by HCD for participation in the CalHome Program, and any amendments thereto. The undersigned Deputy City Clerk of the City of Petaluma, California there before named does hereby attest and certify that the foregoing is a true and full copy of a resolution of the Governing Board adopted at a duly convened meeting on the date above-mentioned, which has not been altered, amended or repealed. Claire Cooper, Deputy City clerk ~ 1 ~ D3 Date Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: [hereby certify the foregoing Resolution was introduced and adopted by the Approved as to Council of the City of Petaluma at a (Regular) (Adjourned) (Special meeting th on the ........ g ............... day of ........September............................, 20.~~., by the following vote: •••••••••• ••• ••••••••••••••••••• ity Attorney AYES: Canevaro, Mayor Glass, Moynihan, Vice Mayor O'Brien, Torliatt NOES: None ABSENT: rris, aly ' l ATTEST: ..... .: ........... `..:........................................................... ...... .................. ........ .................................. ty Clerk ~ Mayor Council File ................................... Res. Nn.......2003.-,174 _._ .._N.C.s.