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HomeMy WebLinkAboutReso. 1987 - 285 - Agreement for funding udner the rental rehabilitation grant program 110 III RESOLUTION NO. 7� - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING AUTHORIZING THE CITY MANAGER TO EXECUTE THE GRANT AGREEMENT FOR FUNDING UNDER THE RENTAL REHABILITATION GRANT PROGRAM IN THE AMOUNT OF $172,500k0 WITH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. WHEREAS, the City has received $525,000.00 in Rental Rehabilitation Program funds since 1984; and WHEREAS, the City Council has determined that it would be in the best interest of the residents of the City of Redding to continue participation in this program; and WHEREAS, the City Council has studied the attached Funding, Approval and Grant Agreement required by HUD in connection herewith and has agreed to same; NOW, THEREFORE, BE IT RESOLVED that the City Council ofthe City of Redding hereby authorizes the City Manager to execute said Grant Agreement for the Rental Rehabilitation Grant Program in the amount of $172,500.00. I HEREBY CERTIFY that the foregoing resolution was introduced and read at adjourned a regular meeting of the City Council of the City of Redding on the 29th day of September , 1987, and was duly adopted at said meeting byllthe following vote: AYES: COUJNCIL MEMBERS: Carter, Gard, Johannessen and Dahl NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Fulton ABSTAIN: COUNCIL MEMBERS: None C � , MIKE DAHL, Mayor City of Redding ATTEST: .y/� /`/i4Ge#6. ETHEL A. NICHOLS, City Clerk FORM APPROVED: li RANDA L A. HAYS, City At orney - rui I wn I 1 LLJ --uriding Approval • Rental Rehabilitation Prrn U.S. Department lit and Urban Develop , t Community Planning • HI-00527R and Development 1r Under Section 17 of The United States Housing Act of 1937 (42 U.S.C. 1437o) 1. Name of Grantee CITY OF REDDING, CALIFORNIA 2. Grant No. 3. Grantee's Address R-87-HG-06-0205 DEPARTMENT OF PLANNING & COMMUNITY DEV. 4. HUD Geographic Locator Code No. 760 PARKVIEW 062958 5. a) Date of HUD Receipt of Program Description JUNE 29, I I ► : I'NIA 96001 ti. 4 Original Funding Approval b) Date Grantee Notified of Approval SEP 0 9 1987 0 Amendment (No.) c) Fiscal Year 7. Category of Rental Rehabilitation Program Grant for this Funding Action (Check Only One) 1987 a. Direct Formula Grantee ❑ City over 50,000 0 Urban County ❑ Consortium b. 0 State Grantee c. XHUD•Administered Rental Rehabilitation Program Small City Grantee d 0 HUD-Administered City Grantee 8.Amount of Rental Rehabilitation Program(RRP)Grant FY: FY: FY: FY: FY:1987 a. Amount of RRP funds previously obligated for this grantee _ b. Amount of RRP funds currently being obligated for this grantee ,500 c.Amount of RRP funds currently being deobligated for this grantee 11 d. New total of RRP funds now obligated for this grantee • _ 9. Special conditions(Check applicable box) a. 7 Not applicable b. 0 Attached II For: U.S. Department of Housing and Urban Development By: � 11 , i-ry .�/� /5Q, Title: DIRECTOR II , OFFICE OF Date: Previous Edition(8-84)is obsolete C Y Y ► ' :1► 1 ; _ - I9.87 A A 1M0/ HUD-40015(11.84) ' 24 CFR Pan 511 ararit 'Agreement �� U.S.Department using A • " and Urban Develo.ent "\ Office of Community Planning and Development Il r I This Grant Agreement is made by and between the 3. HU De payment of fundsa ceunder this Grant isa alsoosubject Department of Housing and Urban Development (HUD) ands to the Grantee's compliance with HUD's electronic funds Grantee)(the transfer and information .reporting procedures issued pursuant to the authority of Section 17 of the United States Housing Act of 1937 (42 USC 1437o). The Grantee's approved pursuant to 24 CFR 511.14. Program Description and the HUD regulations at 24 CR 4. To the extent authorized by the HUD regulations at 24 Part 511 (as now in effect and as may be amended from time to time), which are incorporated by reference, together an amendment to the and SHUD Funding HUD Approval with the HUD Fundin A 5 and y PY. by its execution of conditions, which are hereto attach d, co01 titute part of this w t ol • deoblut theigate funds pe'siexe°ution of suchohe grantee 40015 Agreement. form or other consent. Such a deobligation of Rental Rehabilitation In reliance upon and in consideration of the mutual Program grant funds may1also cause a recapture of a commensurate amount representations and obligations hereunder, HUD and the voucher contract authoriittySection 8 Existing Certificate or Grantee agree as follows: II 1. Subject to the provisions of this Grant Agreement, HUD adherence to the Agreement by subrecipient entities and 5. The Grantee further agrees to accept responsibility for will make the funding assistance for Fiscal Year 19 property owners to which it makes funding assistance specified in the attached HUD Funding Approval Form 40015 available to the Grantee upon execution of the hereunder available. II Agreement by the parties. 1 2. The obligation and utilization of the funding assistance provided is subject to the requirements of the regulations and any special conditions set forth in the HUD Funding Approval Form 40015, including the requirement for a release of funds by HUD under the Environmental Review Procedures at 24 CFR Part 58 for any activities requiring such release. I 1 • 11 1 I • • • I For: U.S. Department of Housing and Urban Development By: n 5v � Title: i�i� v., Gf, DIRECTOR, OFFICE OF �I Date: COMMUNITY PLANNING & DEV. I 2 4 AUG 1987 For: Grantee By Title: Date: i. HUD-40015.1 (11-84) l 24 CFR P,.4 si i 1