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HomeMy WebLinkAbout1999-10-26 - RESOLUTIONS - HOME PARTNERSHIP GRANT FUNDS (2)RESOLUTION NO. 99-17 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA, CALIFORNIA AUTHORIZING SUBMITTAL OF AN APPLICATION TO THE CALIFORNIA STATE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR FUNDING UNDER THE HOME INVESTMENT PARTNERSHIPS PROGRAM, THE EXECUTION OF A STANDARD AGREEMENT IF SELECTED FOR SUCH FUNDING AND ANY AMENDMENTS THERETO, AND ANY RELATED DOCUMENTS NECESSARY TO PARTICIPATE IN THE HOME INVESTMENT PARTNERSHIPS PROGRAM WHEREAS, the City of Santa Clarita, a political subdivision of the State of California, wishes to apply for and receive an allocation of funds through the HOME Investment Partnerships Program (hereinafter referred to as "HOME"); and WHEREAS, the California Department of Housing and Community Development (hereinafter referred to as the "Department") has issued a Notice of Funding Availability for the HOME program and is authorized to approve funding allocations which will be made available directly through the U.S. Department of Housing and Urban Development (HUD) to be used for the purposes set forth in Title E of the Cranston -Gonzalez National Affordable Housing Act of 1990, the implementing regulations set forth in Title 24 of the code of Federal Regulations, part 92, and Title 25 of the California Code of Regulations commencing with section 8200; and WHEREAS, the City of Santa Clarita wishes to submit an application to obtain from the Department an allocation of HOME funds. ' NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA CLARITA does resolve as follows: SECTION 1: The City of Santa Clarita shall submit to the Department an application to participate in the HOME program in response to the NOFA issued on September 10, 1999, which will request a funding allocation for loans for owner -occupied rehabilitation and first-time homebuyer acquisition and rehabilitation for homes located in the City of Santa Clarita. SECTION 2: If the application for funding is approved, the City of Santa Clarita hereby agrees to use the HOME funds for eligible activities in the manner presented in the application as approved by the Department and in accordance with regulations cited above. It may also execute any and all other instruments necessary or required by the Department or HUD for participation in the HOME program. -- SECTION 3: The City of Santa Clarita authorized the City Manager to execute in the name of the City of Santa Clarita, the application, the Standard Agreement, and all other documents required by the Department or HUD for participation in the HOME program, and any amendments thereto. RESOLUTION No. 99-172 October 26, 1999 - Page 2 PASSED, APPROVED AND ADOPTED THIS 26th day of October 19 99 . ATTEST: CITY CLERK STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) ss CITY OF SANTA CLARITA I, Sharon L. Dawson, City Clerk of the City of Santa Clarita, do hereby certify that the foregoing Resolution was duly adopted by the City Council of the City of Santa Clarita at a regular meeting thereof, held on the day26th oibctober , 1999 by the following vote of the Council: AYES: COUNCILMEMBERS: Heidt, Ferry, Weste, Klajic, Darcy NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None i rt' , �rGIMWAGIMMIA wuridl�atate