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HomeMy WebLinkAboutReso 2021-018 - Approve allocation of funding & the execution of a Grant Agreement and any amendments thereto from the CDBG-DR Program RESOLUTION NO. 2021-018 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING AN ALLOCATION OF FUNDING AND THE EXECUTION OF A GRANT AGREEMENT AND ANY AMENDMENTS THERETO FROM THE CDBG-DR PROGRAM BE IT HEREBY RESOLVED by the City Council of the City of Redding as follows: SECTION 1: The City Council has reviewed the State of California's CDBG-DR Action Plan for 2018 disasters, which allocates funds to the City and hereby approves the execution of a Master Standard Agreement ("Agreement") in the aggregate amount, not to exceed, $16,660,145.58 ("Grant"). The City Councils agrees to perform the following activities, as further detailed in the Agreement, as a means to facilitate the development of multifamily housing (rehabilitation, reconstruction, or new construction), pursuant to the Disaster Recovery Multifamily Housing Program (DR-MHP) Policies and Procedures: - Implement a project solicitation process to receive multifamily development project applications from Developers; - Underwrite, select, and prioritize those projects in accordance with the DR-MHP Policies and Procedures; - Submit those selected and prioritized project applications to the Department; and - Oversee and monitor the construction and lease up of Department approved projects during the construction period through the affordability period. SECTION 2: The City hereby authorizes and directs the City Manager or designee, to enter into, execute and deliver the Agreement and any and all subsequent amendments thereto with the State of California for the purposes of the Grant. SECTION 3: The City Manager, or designee, is authorized to execute and deliver all project applications or any and all related documentation, as needed for the purpose of effectuating the terms of the Agreement; and to act on the City's behalf in all matters pertaining to all such applications and documentation necessary to carry out the Agreement. 0 0 9-3O SECTION 4: If an application is approved, the City Manager, or designee, is authorized to enter into, execute and deliver the Notice(s) to Proceed, and any and all subsequent amendments thereto with the State of California for the purposes of the Grant. SECTION 5: If an application is approved, the City Manager, or designee, is authorized to sign and submit Funds Requests and all required reporting forms and other documentation as may be required by the State of California from time to time in connection with the Agreement for purposes of the Grant. I HEREBY ATTEST AND CERTIFY that the foregoing is a true and full copy of a resolution of the City Council of the City of Redding which was introduced and adopted at a regular meeting on the 16th day of February, 2021, by the following vote, and has not been altered, amended or repealed: AYES: COUNCIL MEMBER: Dacquisto,Mezzano,Schreder,Winter,and Resner NOES: COUNCIL MEMBER: None ABSENT: COUNCIL MEMBER: None ABSTAIN: COUNCIL MEMBER: None ERIN D. RES ER, Mayor ATTEST: APPROVED AS TO FORM: _100- U' o PAMELA MIZE, Ciolderk BARRY- E. DeWALT, City Attorney STATE OF CALIFORNIA City of Redding I, PAMELA MIZE, City Clerk of the City of Redding, State of California, hereby certify the above and foregoing to be a full, true and correct copy of a resolution adopted by the City Council of the City of Redding on this �Ckaay of rbb-va a.(, , 20.?/_. Name, City Clerk of the City of Redding, State of California By:�/b'1 Pamela Mize, City Clem