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HomeMy WebLinkAboutReso 2001-163 - Home Investment Partnership Program r RESOLUTION NO. Z'o( —lc' 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE TO FILE AN APPLICATION FOR FEDERAL FISCAL YEAR 2001 FUNDING UNDER THE HOME INVESTMENT PARTNERSHIPS PROGRAM IN THE AMOUNT OF $1,100,000 WITH THE CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT WHEREAS, the City of Redding, 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 Council has determined that it would be in the best interest of the residents of the City of Redding to participate in this program; and WHEREAS, the City Council has determined that the City should submit an application to obtain an allocation of HOME funds from the Department; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Redding hereby authorizes the City Manager or his designee to file an application in the amount of$1,100,000, the Standard Agreement, and all other documents required by the Department or HUD for participation in the HOME program, and any amendments thereto; and The City of Redding shall submit to the Department an application to participate in the HOME program which will request a funding allocation for rental rehabilitation with or without acquisition, and homeowner rehabilitation activities located within the city boundaries; and • • If the application for funding is approved, the City of Redding 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. The City Manager for the City of Redding or, appointed designee, may also execute any and all other instruments necessary or required by the Department or HUD for participation in HOME. I HEREBY CERTIFY that the foregoing resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 6th day of November 2001, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Cibula, Pohlmeyer, Stegall and McGeorge NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Kight ABSTAIN: COUNCIL MEMBERS: None er /%2, 15.* Y/,,v7/ . rge,ryo City of Redding ATTEST: CONNIE S ROHMAY; , City Clerk FORM APPROVED: /// W. LEONARD WINGAT'E< City Attorney H:1CC Reports\HOME.Funding.2001.rso.wpd - 2 -