HomeMy WebLinkAboutResolution 2009-108 N.C.S. 07/20/2009Resolution No. 2009-108 N.C.S.
of the City of Petaluma, California
AtiTTHORIZING '~'HE SUBMITTAI.OF AN APPLICATION TO T~IE CALIFORNIA
S1'ATE DEPARTIVIEN`I' OF ~IOUSTNG AND COMMUNI~'Y DEVEI.OPMENT ~'O12
FiJNDING iJND~R "~'HE I301VIE INV~STMENT PAR'~'NERSI-~IPS PROGRAM; AND I~'
SEI,ECTED, 'I'I~E EXECUTION OF A S'I'ANDARD AGR~EIVIEN'T, ANY
AIVIENDIVIEN'I'S 'I'HERE'TO; ANI) OF ANY RELA'I'ED 1)OCUIVIEN'I'S NECESSARY
TO PAR'~IC'IPATE IN THE ~IOME dNVESTIVIEN'T PAR'I'NERSI~IPS PROGRAIVI
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 und~r 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 TI-~ER~FORE 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 far 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`~ day of July, 2009, for :
by the fiollowing vote:
Cit Attorney
AYES: Vicc Mayor Barrett, Glass, Harris, Healy, Renee, Mayor Torliatt
NOES: None
ABSENT: Rabbitt
ABSTAIN: None
•
ATTEST:
l~
City Clerk
Resolution No. 2009-108 N.C.S. Page 2