HomeMy WebLinkAboutResolution 97-267 10/06/1997
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Resolution No. 9z-zs7 N.C.S.
of the City of Petaluma, California
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5 AUTHORIZING THE SUBMITTAL OF AN APPLICATION TO THE CALIFORNIA STATE
6 DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR FUNDING UNDER
7 THE HOME INVESTMENT PARTNERSHIPS PROGRAM; THE EXECUTION OF A
s STANDARD AGREEMENT IF SELECTED FOR SUCH FUNDING AND ANY AMENDMENTS
9 THERETO; AND ANY RELATED DOCUMENTS NECESSARY TO PARTICIPATE IN TIIE
,o HOME INVESTMENT PARTNERSHIPS PROGRAM.
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13 WHEREAS the City of Petaluma, a political subdivision of the State of California, wishes to
,a apply forand receive an allocation of funds through the HOME Investment Partnerships Program
I5 (hereinafter referred to as "HOME"); and
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,7 WHEREAS the California Department of Housing and Community Development (hereinafter
1 s referred to as. the "Department") has issued a Notice of Funding Availability for the HOME
19 program and is authorized to approve funding allocations which will be.made available directly
20 through the U.S. Department of Housing and Urban Development (HUD) to be used for the
2, purposes set forth in Title II of the Cranston-Gonzalez National Affordable Housing Act of 1990,
22 the implementing regulations set forth in Title 24 of the Code of Federal Regulations, part 92,
z3 and Title 25 of the California Code of Regulations commencing with section 8200; and
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25 WHEREAS the City of Petaluma wishes to submitan application to obtain from the Department
27 an allocation of HOME funds;
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3o NOW THEREFORE BE IT RESOLVED THAT The City of Petaluma shall submit to the
31 Department an application to participate in the HOME program in response to the NOFA issued
3z on August 13, 1997 and will request a funding allocation for a Rental New Construction Project
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R~omtion xo. 97-2fi7 x.cs. Page 1 of 2
1 consisting of a total of 80 apartments (of which 11 will be funded by the HOME Program),
2 located in Petaluma, CA.
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s BE IT FURTHER RESOLVED THAT if the application for funding is approved, the City of
6 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
s also may execute any and all other instruments necessary or required by the Department or HUD
9 for participation in the HOME program.
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12 BE TT FURTHER RESOLVED THAT the City of Petaluma authorizes the City Manager, or
13 the Manager's designee, to execute in the name of the City of Petaluma, the application, the
la Standard Agreement, and all other documents required by the Department or HUD for
15 participation in the HOME program, and any amendments thereto.
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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) (ittljax~1(Si) meeting form
on the ...-6.th day of ........._..f.1.cYAtler.............................., 19...67., by the
following vote:
City Attorney
AYES: Read, Keller, Stomps, Torliatt, Maguire, Vice Mayor Hamilton
NOES: None
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ABSENT: p yo ~ Oss
ATTEST : . ...................._......~Q.L`~......:................................ ....G15~~r~~....-- - ~ ~
City Cletk VIle~4
Lrouocil Fi4.._._......_ _
ca w-ea ~ krs. no.~_....9.2-262...... ncs. Page 2 of 2