Resolution 12017CITY OF ALAMEDA RESOLUTION NO.12017
APPROVING PARTICIPATION BY THE CITY IN A COUNTYWIDE
PROGRAM TO CONSTRUCT, REHABILITATE AND ACQUIRE HOUSING
FOR LOW- INCOME SENIOR CITIZENS, DISABLED PERSONS, AND
HOMELESS FAMILIES WITH CHILDREN, SUBJECT TO LOCAL CITY
COUNCIL APPROVAL, AND TO PROVIDE DOWN PAYMENT ASSISTANCE
LOANS TO QUALIFIED FIRST -TIME HOMEBUYERS
WHEREAS, the Alameda County Housing Council proposes the
implementation of a countywide program to construct, rehabilitate,
and acquire up to 4,000 rental housing units reserved for
occupancy by very low income senior citizens, disabled persons,
or homeless families with children; and the program will also
increase opportunities for homeownership in the county by
providing down payment assistance loans to qualified first -time
homebuyers; and
WHEREAS, the Alameda County Board of Supervisors has
called for a countywide election to authorize the program and
to authorize the issuance of general obligation bonds of the
County to finance the program; and
WHEREAS, the program may provide financing for the
construction rehabilitation, and acquisition of such rental
housing to be located in the City of Alameda (the "City "),
subject in each case to approval by the City Council of the City
of Alameda (the "City Council "); and
WHEREAS, the City Council desires to approve the
participation by the City in this countywide program and to
approve the calling by the County of the election on a countywide;
basis;
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Alameda as follows:
1. The participation by the City in the proposed
housing program is hereby approved, subject to the approval
hereafter by the City Council of each rental housing development
to be located in the City.
2. The calling by the County of the countywide election
to authorize the implementation of the program as hereby
approved.
3. This resolution shall not create, or authorize the
creation of, any liability of the City or any of its funds or
properties for any purpose of the program.
4. This resolution shall take effect immediately upon
its passage and approval.
I, the undersigned, hereby certify that the foregoing Resolution
was duly and regularly adopted and passed by the Council of the
City of Alameda in regular meeting assembled on the 18th day of
September , 1990, by the following vote to wit:
)iYES: Councilmembers Arnerich, Camicia, Withrow and
President Corica t 4.
NOES: None.
ABSENT: Councilimember Thomas - 1,
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the
official seal of said City this 19th day of September , 1990.
Deputy City Clerk
City of Alameda