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HomeMy WebLinkAboutResolutions 85-073 N.C.S. 03/08/1985~ ... , --.::. ~f MAR ~ 1985 ~ ; ~~, ~~'iSOluf,On N~. -85-.73 ~. ~. ~. of the Ciiy of Pe~~luma, California APPROVING AND D'IRECTING; PUB'LICATION OF A HOUSING P:OLIGIES R~EPC~RT WHEREAS, Section 103A(j) (5) of the Intern'al Revenue Code o.f. I954, as amendec~, as implemented . by proposed and tempo.rary regulations of the Department of the Treasu•ry, Section 6a.103:A-2"(~l•) requires the. applicable elected representative of an issuer of qualified ~iz~ortgage subs'idy bonds to publish, following a public hearin~, a housing policy report; and, WHEREAS, this Council is the applicable elected representative of the City of Pet~.luma which Gity proposes t~ issue in 1985 qualified mort~age subsidy bonds; ~ ~ WHEREAS, this Council has received a draft .housing policy report dated March 8, ].985, and has reviewed. each and every part thereof and this Council has conduetecl a duly noticed public hearing; and WHEREAS, it is in the public interest and for the public benefit that said housing policy report be .approved and p,ublished; NOW, THEREFORE, it is hereby ORDERED and DETERMINED as f.ollows : 1. The City Manager of the City is herebv authorized and directed to prepare a summary of the comments made at the aforesaid. ~ public hear.ing and to include said summary as a part of the Policy Report Under Section 103A. 2. The report of -the • City of Petaluma entitled, "Policy Report Under Section 103A,!' ancl dated March S, 1985, is hereby approved with the inclusion of said summary of comments . 3. The Mayor of' the City, as a member of this Council, is hereby authorized and directed to execute said ,report on behalf of this Council as the duly elected r.epreserr,tative of the City. 4, This Couneil d~es 'hereby publish the Report by authorizing and directing the City Clerk, and the City Clerk is hereby so R;eso. 85-73 NCS 1 of 2 . ~ . authorized and, ~ir. ected~, to make said~ R epor. t available in the Office of the City Clerk for distribution to the public. 5. The City Clerk of the City is hereby authorized and directed to file the Report with the Internal Reveni.ie Service at the Internal Revenue Service Center, Philadelphia, Penns:ylvania 19255. Under the power and authority conferred upon this Council by the Charter of said City. housing po~i~g~,~j~i{y the foregoing Resolution was introduced and adopted by the 3s to Council of the City of Petaluma at a(R~e~ular) (Adjourned) ~,~~~) meetin@ on the .------ 8th--••---.... day of ._...._..--•••• MARCH-•--•-••-•-••_.•-•--••••, 19.._.._.., by the following vote: ....-•--•-•----• AYES: Balshaw, Cavanagh, Woolsey, Tencer; Vice Mayor Bond; ~Iayor Matt ney NOES: None ABSENT: N ATTEST: Form CA2 7(Si ~ ~ / ~ . • -•••--•-•••-••••--••- --••• •- •--........ ••••-•• • - • - ---••-••. ...•• ........... ......• ••-•--••••••-•••--•---•--- Mayor - co~~ F,~.5-7'~...---......N~S 2 of 2 Res. No .................................