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HomeMy WebLinkAboutResolution 2002-155 N.C.S. 09/17/2002Resolution No. 2002-155N.C.S. Of the City Of Petaluma, California AUTHORIZING 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 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 for a 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. Resolution No. 2002-155 N.C.S. 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 Council of the City of Petaluma at a (Regular) (Adjourned) (Special) meeting ~ form , on the ..........17th day of ........September....... , 20 02, by the ,__;:~. . fir. ......... .................... ...... ~: b ~, . d`'~b.. : ~ ~~.... following vote: ......::............................. City Attorney AYES: Cader-Thompson, Vice Mayor Healy, Maguire, Moynihan, O'Brien, Mayor Thompson, Torliatt NOES: None ABSENT: No ATTEST: ............................................................................................... ......... ....... ............................................................. City lerk Mayor Council File ................................... Res. No........2002-155 N.C.S.