HomeMy WebLinkAboutResolution 2005-139 N.C.S. 08/01/2005 Resolution No.2oos-139 ~,(i,s,
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; 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, 2005 the Department issued a 2005 Notice of Funding
Availability announcing the availability of funds under the HOME
program (the "NOFA").
C. In response to the 2005 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:
1. In response to the 2005 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 $4.5 million for a Rental New
Construction project consisting of a total of 57 senior apartments, located
in Petaluma, CA.
2. If the application for funding is approved, the Applicant 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 Applicant may also execute a standard
agreement, any and all other documents necessary or required by the
Resolution No. 2005-139 N.C.S.
Department or HUD for participation in the HOME program (collectively,
the required documents).
3. The Applicant authorizes the City Manager, or the Manager's designee, to
execute in the name of the Applicant, the required documents.
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) (Adjourned) (Special) meeting
on the ..........is~............ day of ........~?blgASt Z4..Q~, by the
following vote:
City Attorney
AYES: Mayor Glass, Vice Mayor Harris, Healy, Nau, O'Brien, Torliatt
NOES: None
ABSENT: Canevaro ~ ~ ~ ,
4:XiCJv
ATTEST: f
, ~1.... .~d
City Clerk Mayor
Council File
Res. No.......2o.QS.:.L39.......N.C.S.