HomeMy WebLinkAbout2009-06-09 - RESOLUTIONS - APPROVE SUB RECIPIENT AGMT (2)RESOLUTION NO. RDA 09-7
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
SANTA CLARITA, CALIFORNIA, APPROVING THE EXECUTION OF A SUB -RECIPIENT
AGREEMENT TO IMPLEMENT THE NEIGHBORHOOD STABILIZATION PROGRAM
(NSP) AND LEVERAGE $5 MILLION IN HOUSING BOND PROCEEDS TO
SUPPORT THE CITY'S APPLICATION FOR NSP FUNDS
WHEREAS, on February 17, 2009, President Barack Obama signed into law the
American Recovery and Reinvestment Act ("ARRA") of 2009, included $2.0 billion in funding
for the Neighborhood Stabilization Program ("NSP");
WHEREAS, the State of California Department of Housing and Community
Development ("HCD") has announced the availability of $99,641,218 in funding available
through NSP;
WHEREAS, the City of Santa Clarita ("City") qualifies to apply for $1,187,003 from this
program.
NOW, THEREFORE, the Redevelopment Agency of the City of Santa Clarita does
hereby resolve as follows:
SECTION 1. The Redevelopment Agency agrees to be the Sub -Recipient responsible
for administration of the City of Santa Clarita's NSP grant once approved by the State of
California Department of Housing and Community Development.
SECTION 2. The Redevelopment Agency approves the execution of a Sub -Recipient
Agreement with the City of Santa Clarita as part of the NSP application for the Agency to
implement the NSP program.
If any additional NSP funding becomes available at a later date to the City of Santa Clarita, the
Redevelopment Agency agrees to be the Sub -Recipient for those funds as well. Any additional
NSP funding will be used in accordance with funding requirements established by the State of
California Neighborhood Stabilization Program.
SECTION 3. The Redevelopment Agency will be responsible for complying with a
scope of service, performance measures, staffing, performance monitoring and meeting all
requirements of the State of California Neighborhood Stabilization Program.
SECTION 4. The Redevelopment Agency hereby commits Redevelopment Agency
housing bond proceeds approximately in the amount of $5,000,000 to be used as leverage with
the City's application.
SECTION 5. The Agency Secretary shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this 9th day of June, 2009.
ATTEST:
SECRETARY
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF SANTA CLARITA )
I, Sharon L. Dawson, MMC, Secretary of the City of Santa Clarita Redevelopment
Agency, do hereby certify that the foregoing Resolution was duly adopted by the Redevelopment
Agency of the City of Santa Clarita at a regular meeting thereof, held on the 9th day of
June, 2009, by the following vote:
AYES: AGENCY MEMBERS
NOES: AGENCY MEMBERS
ABSENT: AGENCY MEMBERS
McLean, Ender, Kellar, Weste, Ferry
None
None
2
SECRETARY
1
1
1
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF SANTA CLARITA )
CERTIFICATION OF
REDEVELOPMENT AGENCY RESOLUTION
I, Sharon L. Dawson, Secretary of the City of Santa Clarita Redevelopment Agency, do hereby
certify that this is a true and correct copy of the original Resolution No. RDA 09-7, adopted by
the Redevelopment Agency of the City of Santa Clarita, California on June 9, 2009, which is
now on file in my office.
Witness my hand and seal of the Redevelopment Agency of the City of Santa Clarita, California,
this day of , 20_.
Sharon L. Dawson, MMC
Secretary
By
Susan Caputo, CMC
Deputy Secretary
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