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HomeMy WebLinkAboutResolution 94-155 06/20/1994,` .! 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 resolution No. 94 15 5 N ~.5, of the City of Petaluma, California RESOLUTION 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 DOME 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 on May 13, 1994 which will request a funding allocation for site acquisition costs for Roundwalk Village, a rental apartment complex for low income households, located at 745 N. McDowell Boulevard, Petaluma, CA. 1 HeS. N~>.....y.4_.1..5.5........ N.cs. 4 ._ ~ 1 2 If the application for funding is approved, the City of Petaluma hereby agrees to use the 3 HOME funds for eligible activities in the manner presented in the application as approved 4 by the Department and in accordance with regulations cited above. It also may execute any 5 and all other instruments necessary or required by the Department or HUD for 6 participation in HOME. 7 8 The City of Petaluma authorizes the City Manager to execute in the name of the City, the 9 application, the Standard Agreement, and all other documents required by the department 10 or HUD for participation in the Home program, and any amendments thereto. 11 12 13 14 resohipp / bg15 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) ([~g~~ial) meeting form on the ..........20th-..... day of .........June-----• .................................. 19.. 94 by the following vote: ..---_ .-- ---- City Attorney AYES: PARKERSON, HAMILTON, BARLAS, SHEA, VICE MAYOR READ NOES: NONE ABSENT: SOBS AYOR H LI . Clerk Mayor ~ ~~ Council File .................................... CA LO-85 ~ Kcs. Nu......_.....~~-~..5.5N.C.S.