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HomeMy WebLinkAboutReso. 1979-203 Authorizing the City Manager to File an Applicaion with the State Department of Housing and Community Development for Deferred Payment Rehabilitation Loan Program Funds • RESOLUTION NO. .- G/- 2-o3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING AUTHORIZING THE CITY MANAGER TO FILE AN APPLICATION WITH THE STATE DEPARTMENT OF • HOUSING AND COMMUNITY DEVELOPMENT FOR DEFERRED PAYMENT REHABILITATION LOAN PROGRAM FUNDS . WHEREAS , the Deferred Payment Rehabilitation Loan Program provides another source of housing rehabilitation financing for which the City of Redding is now eligible, and WHEREAS , participation in this program will complement the City ' s existing housing and community development programs , and is consistent with the City ' s Housing Assistance Plan, and WHEREAS , staff has recommended that the City Council authorize the City Manager to file an application with the State Department of Housing and Community Development, request- ing funds in the amount of $100 , 000 . 00 from the Deferred Payment Rehabilitation Program, and WHEREAS , it appears in the best interests of the City and its citizens that the City participate in said program, NOW, THEREFORE, BE IT RESOLVED by the City Council of the 'City of Redding that the City Manager is hereby authorized to file an application with the State Department of Housing and Community Development for Deferred Payment Rehabilitation Loan Program Funds in the amount of $100 , 000 . 00 . 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 15th day of October , 1979 , and was duly adopted at said meeting by the following vote: AYES: COUNCILMEN: Fulton, Gard, Kirkpatrick, Pugh, and Demsher NOES: COUNCILMEN: None ABSENT : COUNCILMEN: None 0 —1 S ATTEST: ©—Sk0 DONALD M. DEMSHER } ______}}77 Mayor of the City of Redding 'aS k a.ci MILDRED L. BRAYTON , ' Ci.ty C1erk FORM APPROVED: M <<�f ARL D. MURPHY, City/Attopney • • • • • is a -2-