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Resolution 11833CITY OF ALAMEDA RESOLUTION NO. 11833 AUTHORIZING ADOPTION AND EXECUTION OF COOPERATION AGREEMENT BETWEEN THE CITY OF ALAMEDA AND THE HOUSING AUTHORITY OF THE CITY OF ALAMEDA FOR INDEPENDENCE PLAZA WHEREAS, the Housing Authority of the City of Alameda intends to construct 186 units of housing for low and moderate income persons and an office facility for the Housing Authority; and WHEREAS, the Housing Authority intends to fund the construction of the project with proceeds generated through the issuance of multifamily revenue bonds; and WHEREAS, said Cooperation Agreement allows the Housing Authority to maximize the number of affordable units; and WHEREAS, the Housing Commission reviewed and approved said Cooperation Agreement and recommends adoption to the City Council; NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that said Council hereby adopts the Cooperation Agreement between the City of Alameda and the Housing Authority of the City of Alameda for Independence Plaza; BE IT FURTHER RESOLVED that the Mayor is hereby authorized to execute, for and on behalf of the City, that certain Cooperation Agreement referered to above. 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 19th of September, 1989, by the following vote to wit: AYES: Councilmembers Camicia, Thomas, Withrow and Acting President Arnerich 4. NOES: None. ABSENT: Mayor Corica 1. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 20th day of September, 1989. City Clerk of the City of Alameda