Resolution 120950
CITY OF ALAMEDA RESOLUTION NO. 12095
AUTHORIZING THE SUBMITTAL OF AN APPLICATION FOR FUNDING,
THE EXECUTION OF A STANDARD AGREEMENT AND ANY AMENDMENTS THERETO,
AND ANY RELATED DOCUMENTS NECESSARY TO PARTICIPATE IN THE
CALIFORNIA HOUSING REHABILITATION PROGRAM FOR
OWNER-OCCUPIED HOUSING AND TO SECURE A COMMITMENT OF FUNDS FROM THE
CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
WHEREAS, the City of Alameda, a California city organized
and operated under the Constitution and laws of the State of
California, wishes to receive a commitment of funds and participate
in the California Housing Rehabilitation Program for Owner-Occupied
Housing (hereinafter referred to as "CHRP-O"); and
WHEREAS, the California Department of Housing and
Community Development (hereinafter referred to as the "Department")
is authorized to make funds available for deferred payment loans
for the purpose of financing housing rehabilitation and has issued
a Notice of Funding Availability under CHRP-O; and
WHEREAS, the City of Alameda wishes to obtain from the
Department, a commitment of funds for the purpose of providing
deferred payment loans to finance housing rehabilitation costs for
eligible borrowers under a local housing rehabilitation program;
NOW, THEREFORE, BE IT RESOLVED that the Council of the
City of Alameda shall submit to the Department an application for
participation in CHRP-O and to request a commitment of funds for
the purpose of providing deferred payment loans to finance housing
rehabilitation costs for eligible borrowers under a local housing
rehabilitation program located in the City of Alameda.
BE IT FURTHER RESOLVED that if the application is
approved, the City of Alameda is hereby authorized to enter into
oo : a standard agreement with the Department for the purposes set forth
in the application and approved by the Department. It also may
...rom4 execute other instruments necessary or required by the Department
,:tk73for participation in CHRP-O.
BE IT FURTHER RESOLVED that the City of Alameda is
further authorized to request amendments, including increases in
fund commitments up to the maximum amounts approved by the
Department and to execute any and all documents required by the
Department to evidence and secure these amendments.
BE IT FURTHER RESOLVED that the City of Alameda
authorizes William C. Norton, City Manager, to execute in the name
of the City of Alameda the application, the standard agreement, and
other documents necessary or required by the department for the
participation in the CHRP-O, and any amendment thereto.
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 sixteenth of
April, 1991, by the following vote to wit:
AYES: Councilmembers Arnerich, Camicia, Lucas, Roth
and President Withrow - 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the
official seal of said City this seventeenth day of April, 1991.
A,e
Diane elsch, City Clerk
City of Alameda