HomeMy WebLinkAbout2004-09-14 - RESOLUTIONS - FUNDING FIRST TIME HOMEBUYER (2)RESOLUTION NO. 04-117
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA CLARITA, CALIFORNIA, AUTHORIZING THE SUBMITTAL OF AN
APPLICATION TO THE CALIFORNIA STATE DEPARTMENT OF HOUSING AND
COMMUNITY DEVELOPMENT FOR FUNDING UNDER THE HOME PROGRAM: THE
EXECUTION OF A STANDARD AGREEMENT, IF SELECTED FOR SUCH FUNDING,
ANY AMENDMENTS THERETO, AND ANY RELATED DOCUMENTS
NECESSARY TO PARTICIPATE IN THE HOME 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 Partnership
Programs; and
WHEREAS, the California Department of Housing and Community Development (the
Department) is authorized to allocated HOME Investment Partnerships Program ("NOME")
funds made available from the U.S. Department of Housing and Urban Development
("HUD"). HOME funds are to be used for the purposes set forth in Title III of the Cranston -
Gonzalez National Affordable Housing Act of 1990, in federal implementing regulations set
forth in title 24 of the Code of Federal Regulations, part 92, and in title 25 of the California Code
of Regulations commencing with section 8200; and
WHEREAS, the City's General Plan Housing Element, CDBG Consolidated Plan, and
the Analysis of Impediments to Fair Housing Choice identify operating a homebuyer program as
a goal; and
WHEREAS, on July 30, 2004, the Department issued a 2004 Notice of Funding
Availability announcing the availability of funds under the HOME program (the "NOFA"); and
NOW, THEREFORE, the City Council of the City of Santa Clatita does hereby resolve
as follows:
SECTION 1. In response to the 2004 NOFA, the City of Santa Clarita shall submit an
application to the Department to participate in the HOME program and for an allocation of funds
not to exceed $600,000 to provide first-time homebuyer loans to eligible applicants within the
City of Santa Clarita.
SECTION 2. If the application for funding is approved, the City hereby agrees to use
the HOME funds for eligible activities in the manner presented in its application as approved by
the Department in accordance with the statutes and regulations cited above. The City of Santa
Clarita may also execute a standard agreement, any amendments thereto, and any and all other
documents or instruments necessary or required by the Department or HUD for participation in
the HOME program (collectively, the required documents).
SECTION 3. The City of Santa Clarita authorizes the City Manager, or his designee(s),
to execute, in the name of the City of Santa Clarita, the required documents.
SECTION 4. The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this 14`h day of September, 2004.
ATTEST:
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CITY CLERK
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF SANTA CLARITA )
I, Sharon L. Dawson, CMC, 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 14` day of September, 2004, by the following vote:
AYES: COUNCILMEMBERS: Ferry, McLean, Weste, Smyth, Kellar
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEM 3ERS: None
CITY CLERK
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF SANTA CLARITA )
CERTIFICATION OF
CITY COUNCIL RESOLUTION
I, Sharon L. Dawson, City Clerk of the City of Santa Clarita, do hereby certify that this is a true
and correct copy of the original Resolution No. 04-117, adopted by the City Council of the City
of Santa Clarita, California on September 14, 2004, which is now on file in my office.
Witness my hand and seal of the City of Santa Clarita, California, this _ day of
20_.
Sharon L. Dawson, CMC
City Clerk
Rv
Susan Coffman
Deputy City Clerk