HomeMy WebLinkAboutReso 2022-003 - Authorizing the Joint Application To and Participation in the Homekey Program RESCJLUTION NO.2022-003
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
AUTHORIZING THE JOINT APPLICATIC)N TO AND PARTICIPATION IN THE
HOMEI�EY PR�GRAM AND ADC?PTING AND AUTHORIZING THE CITY
MANAGER OR DESIGNEE TO APPLY, ACCEPT, AMEND, AS NEEDED AND
IMPLEMENT THE HOMEKEY PROGRAlYI FOR THE GRANT TERM
A necessary quorum and majority of the Council Members of City of Redding ("Applicant") hereby
consents to, adopts and rati�es the following resolution:
WHEREAS,The Department of Hflusing and Cammunity Development("Department")has issued a Notice
of Funding Availability, dated September 9, 2021 {"I�IOFA"), for the Homekey Program ("Homekey" or
"Pragram"}. The Department has issued the N4FA for Homekey grant funds pursuant to Health and Safety
Code section 5Q675.1.3 (Assem. Bill No. 140{2021-2Q22 Reg, Sess.), § 2Q.}; and
WHEREAS, the City of Redding {"Co-Applicant"} desires to jointly apply for Homekey grant fands with
Rolling 4ak LLC {"Corporation"). Therefore, Co-Applieant is joining Carporation in the submit�al of an
application for Homekey funds("Application")to the Department for review and consideration; and
WHEREAS, The Department is authorized ta administer Homekey pursuant to the Multifamily Housing
Program {Chapter 6.7 (commencing with Section SQ675) af Part 2 of Division 31 of the Health and Safety
Code}. Hamekey funding allocatiol�s are s�ibject to the terms and canditions af the NOFA, the Applioation,
the Department-approved STD 213, Standard Agreement ("Standard Agreement"), and a11 ather Iegal
requirements of the Ilamekey Program;
N(JW THEREFC}RE BE IT RES�LVED THAT:
1. Ca-Applieant is hereby authorized and directed to submit a joint Application to the Department in
response to the NOFA, and ta jointly apply for Homekey grant funds in a total amount not to exeeed
�10,0oo,00a.
2, If the Application is approved,Co-Applicant is hereby authorized and directed ta enter into,execute,
and deliver a Standard Agreement in a total amaunt not to exceed $10,000,000, any and ail other
documents required or deemed necessary or approgriate to secure the Hamekey funds from the
Depariment and to participate in the Homekey Program, and all amendments thereto (colleetively,
the"Homekey Documents").
3. Co-Applicant aeknowledges and agrees that it shall be subject to the terms and cQnditians specified
in the Standard Agreementi, and that the NOFA and Application wi11 be incorporated in the Standard
Agreement by reference and made a part thereo£ Any and all activities, expenditures, information,
and timelines represented in the Application are enfaroeable through the Standard Agreement.Funds
are to be used far the allowable expenditures and activities identified in the Standard Agreement.
4. Barry Tippin, City Manager or his designee, is authorized ta execute the Applicatian and the
Homekey Documents on behalf of Co-Applicant for participation in the Homekey Program.
I HEREBY CERTIFY that the faregoing resalution was introduced and adopted at a regular
meeting of the City Council of the City of Redding on the 18th day of January,2022,by the fallowing
vate:
AYES: Council Members - Dacquisto, Mezzano, Resner, Winter, and Schreder
NOES: Council Members -None
A�STAIN: Cauncii Members - None
ABSENT: Council Members—Nane
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KRISTEN SCHR� ER,Mayor
ATTEST: APPROVED AS TO FORM:
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PAMELA MIZE,City C��'•� BARRY E.DeWALT, City Attorney
CERTIFICATE t)F T�IE ATTESTING OFFICER
The undersigned,Pamela lt�ize, City Clerk, do hereby attest and certify that this Resolution is a true,full and
correct copy of a resolution duly adopted at a meeting of the City Council of the Cify of Redding which was
duly convened and held on the date stated thereon, and that said doeument has nQt been amended,modified,
repealed or resci since its ate of adoption and is in fu11 farce and effect as of the date hereof.
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ATTEST: C�
Signature of Attesting Offic
Purrzela Mize, City Clerk