HomeMy WebLinkAboutResolution 2010-144 N.C.S. 08/02/2010Resolution No. 2010-144 N.C.S.
of the City of Petaluma, California
AiJ'I'I~ORIZgNG 'Y'~-IE SUBMITTAL OF AN APPd~ICATION TO THE CALI~ORNIA
STATE DEPAR'~'1VIENT OF' HOUSING AND COM1VIiJNITY DEVELOPIVIENT FOR
~'UNDING UNDER THE HOIVIE INVESTMENT PARTNEI2SI~IPS PROGRAIVI
WHEREAS:
A. The California Department of Housing and Community Development (the
"Department") is authorized to allocate HOME Investment Partnership Program
("HOME") funds made available from the U.S. Department of Housing and Urban
Development ("HUD"). HOME funds are to be used for the purposes set forth in
Title II of the Cranston-Gonzalez National Affordable Housing Act of 1990, in
federal implementing regulations set forth in Title 24 of the Code of Federal
Regulations, part 92, and in Title 25 of the California Code of Regulations
commencing with section 8200.
B. On June 1, 2010, the Department issued a 2010 Notice of Funding Availability
announcing the availability of funds under the HOME program (the "NOFA")
C. In response to the 2010 NOFA, the City of Petaluma, a municipal corporation, (the
"Applicant") wishes to apply to the Department for, and receive an allocation of,
HOME funds.
NOW, T~IEREFORE, BE I1' RESOLVEI) THA'd':
L In response to the 2010 NOFA, the Applicant shall submit an application to the
Department to participate in the HOME program and for an allocation of funds not to
exceed $5.0 Million for a Rental New construction project consisting of a total of 68
low income senior apartments, located in Petaluma, CA.
2. If the application for funding is approved, then the Applicant hereby agrees to use the
HOIVIE funds for eligible activities in the manner presented in its application as
Resolution No. 2010-144 N.C.S. Page ]
approved by the Department in accordance with the statutes and regulations cited
above. The Applicant may also execute a standard agreement, any amendments
thereto, and any and all other documents or instruments necessary or required by the
Department of HUD for participation in the HOME program (collectively, the
"required documents").
3. The applicant authorizes the City Manager, or his designee, to execute a Standard
Agreement and other required documents on behalf of the City.
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 meeting on the 2"d day of August, form:
2010, by the following vote:
Assistant City Attorney
AYES: Barrett, Vice Mayor Glass, Healy, Rabbitt, Renee, Mayor Torliatt
NOES: None
ABSENT: Harris
ABSTAIN: None
ATTEST:
City Clerk
Resolution No. 2010-144 N.C.S. Page 2