Loading...
HomeMy WebLinkAboutResolution 2009-108 N.C.S. 07/20/2009Resolution No. 2009-108 N.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; AND IF SELECTED, THE EXECUTION OF A STANDARD AGREEMENT, ANY AMENDMENTS THERETO; AND OF ANY RELATED DOCUMENTS NECESSARY TO PARTICIPATE IN THE HOME INVESTMENT PARTNERSHIPS PROGRAM WHEREAS: A. The California Department of Housing and Community Development (the "Department") is authorized to allocate HOME Investment Partnerships Program ("HOME") funds made available from the U.S. Department of Housing and Urban Development ("HUD"). HOME funds are to be used for the purpose 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 Title 25 of the California Code of Regulations commencing with Section 8200. B. On June 1, 2009 the Department issued a 2009 Notice of Funding Availability announcing the availability of funds under the HOME program (the "NOFA") C. In response to the 2009 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 THEREFORE BE IT RESOLVED THAT: In response to the 2009 NOFA, the City of Petaluma is authorized to submit an application to the Department to participate in the HOME program and for an allocation of funds not to exceed $4.5 million for a Rental New Construction project consisting of a total of 66 "work force" apartments, located in Petaluma, CA. Resolution No. 2009-108 N.C.S. Page 1 2. If the application for funding is approved, the City hereby agrees to use the HOME funds for eligible activities in the manner presented in its application as approved by the Department and in accordance with regulations cited above. The City further agrees to execute a Standard Agreement, any and all other documents necessary or required by the Department or HUD for participation in the HOME program (collectively, the required documents). The City Manager, or his designee, is authorized 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 p d as to Council of the City of Petaluma at a Regular meeting on the 20`h day of July, 2009, for by the following vote: Cit Attorney AYES: Vice Mayor Barrett, Glass, Harris, Healy, Renee, Mayor Torliatt NOES: None ABSENT: Rabbitt ABSTAIN: None ATTEST: City Clerk Resolution No. 2009-108 N.C.S. Page 2