HomeMy WebLinkAboutReso. 1981 - 064 - Authorizing City Manager to file a new application with State Department of Housing and Community Development for deferred payment rehabilitation loan fundsRESOLUTION NO.f�•
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
AUTHORIZING THE CITY MANAGER TO FILE A NEW APPLICATION
WITH THE STATE DEPARTMENT OF HOUSING AND COMMUNITY
DEVELOPMENT FOR DEFERRED PAYMENT REHABILITATION LOAN FUNDS.
WHEREAS, the City Council adopted Resolution No. 80-137
on June 16, 1980, authorizing the City Manager to apply to the State
Department of Housing and Community Development for $75,000.00 in
funds from the Deferred Payment Rehabilitation Loan Program, to aid
in financing local housing rehabilitation, and
WHEREAS, it appears to be in the best interests of the
City and its citizens to continue participation.in this program,
which complements the City's existing housing and community develop-
ment programs, and is consistent with the City"s" Housing Assistance
Plan, and
WIIEREAS, staff has recommended that the City Council
authorize the City Manager to file a new application this year
for an additional $75,000.00,
NOW, THEREFORE, BE IT RESOLVED that the City Council hereby
authorizes the City Manager to file a new application with the State
Department of.Housing and Community Development for an additional
$75,000.00 in Deferred Payment Rehabilitation Loan Program Funds.
I HEREBY CERTIFY that the foregoing Resolution was intro-
duced and read at a'regular meeting of the City Council of the City
of Redding on the 20th day of April 1981, and was duly adopted at
said meeting by the following vote:
AYES: COUNCILMEN: Fulton, Gard, Kirkpatrick, and Pugh j
NOES: COUNCILMEN: None
ABSENT: COUNCILMEN: Demsher
A TEST:
Ma
MILDRED L. BRAYTON, City Clerk
FORM APPROVED-
-V
P ROVED:
V
RAN ALL A. HAYS, Ci I Yy Attorney
City of Redding �.