HomeMy WebLinkAboutResolution 2003-079 N.C.S. 04/21/2003Resolution No.2003-079N.C.S.
of the City of Petaluma, California
AMENDING RESOLUTION NO. 2002-155 N.C.S.
AUTHORIZING THE SUBMITTAL OF AN APPLICATION TO THE
CALIFORNIA STATE DEPARTMENT
OF HOUSING AND COMMUNITY DEVELOPMENT
FOR FUNDING UNDER THE HOME INVESTMENT PARTNERSHIPS PROGRAM
IN AN AMOUNT NOT-TO-EXCEED $3.5 MILLION;
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 PROGRAM
WHEREAS, the City of Petaluma, a political subdivision of the State of California, wishes
to apply for and receive an allocation of funds through the HOME Investment Partnerships Program
(hereinafter referred to as "HOME"); and,
WHEREAS, the California Department of Housing and Community 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 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 City of Petaluma wishes to submit an application to obtain from the
Department an allocation of HOME funds.
NOW, THEREFORE, BE IT RESOLVED that the City of Petaluma shall submit to the
Department an application to participate in the HOME program in response to the NOFA issued in
August 2002 and will request a funding allocation in an amount not-to-exceed $3.5 million for a
Resolution Na. 2003-079 N.C.S.
Rental New Construction Project consisting of a total of 81 apartments (of which 29 will be funded
by the HOME Program), located in Petaluma, CA.
BE IT FURTHER RESOLVED that if the application for funding is approved, the City of
Petaluma 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 the HOME program.
BE IT FURTHER RESOLVED that the City of Petaluma authorizes the City Manager, or
the Manager's designee, to execute in the name of the City of Petaluma, 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.
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to
`r for
Council of the City of Petaluma at a (Regular) (Adjourned) (Special) meeting
on the .........~~5~.......... day of ........~A~ril• ..................................... 20..03 by the ~ '
following vote: •••••••••••~~•°•°••••••••••••••••
City Attorney
AYES: Canevaro, Mayor Glass, Harris, Healy, Moynihan, Vice Mayor O'Brien, Torliatt
NOES: None-
ABSENT: No
ATTEST: ............................................................................................ .................................................................
City Jerk Mayor
Council File ...................................
Res. No. ........2003-074° N.C.S.