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HomeMy WebLinkAboutRESO 5902' ORIGINAL RESOLUTION NO. 5902 RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO APPROVING AN APPLICATION TO THE STATE OF CALIFORNIA FOR HOUSING AND COMMUNITY DEVELOPMENT DEFERRED PAYMENT REHABILITATION LOAN FUNDS TO SUPPLEMENT THE HOUSING IMPROVEMENT PROGRAM'S COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS WHEREAS, on February 12, 1979, the City Council of the City of Palo Alto adopted the 1979-1982 Conununity Development Plan, the Community Development Program and the Housing Assistance ~lanf and WHEREAS, on December 8, 1980, said City Council approved funding for the Housing Improvement Program in the sum of Two Hundred Thousand Dollars ($200,000) to be funded from the City of Palo Alto Community Development Block Grant Fundsf and WHEREAS, the City of Palo Alto now wishes to apply to the State of California for Housing and Community Development Deferred Payment Rehabilitation Loan Funds to supplement its existing Housing Improve- ment Program funds; and WHEREAS, it is the intent of said State funds to make rehabili- tation loans to low income Palo Alto residents that could not make loan payments under the pre~ent program. NOW,, THEREFORE, the Council of the City 0~ J?alo Al to does RESOLVE as follows: SECTION 1. The City Council of the City of Palo Al to hereby authorizes the City Manager or his designated representative to sub- mit the appropriate application form to the State of California for its Community Development Deferred Payment Rehabilitation Loan Funds and hereby authorizes the Mayor, the City Manager, or his designated representatives to sign the r!ecessary documents to complete said application. SECTION 2. The Council of the City of Palo Alto finds that this is not a project and, therefore, no environmental impact assessment is necessary. INTRODUCED AND PASSED: April 27, 1981 AYES: Bechtel, Eyerly, Fazzino, Fletcher, Henderson, Klein, levy, Renzel, Witherspoon HOBS: None ABSENT: None ABSTENTIONS: None APPROVED: aR,,..>V' ~,.,,, Mayor r~~.,,,.,.-----~- Y cl fYt torney SOUTH BAY DISCHARGERS AUTHORITY 1981-82 BUDGET RESOURCES Beginning Fund Balance . Ag~ncy Contributions Total Resource~l EXPENDITURES 1. South Bay Dischargers Administration Transfers to the City of San Jose for personal and non-personal administrative costs and for costs of the Governing Board. The City of San Jose is designated the adntinistering agency 2. San Francisco Bay Regional Water Reuse Project 3. Bay Monitoring Program 4. Contingency Reserve Total Expenditures and Reserve Note: Agency Contribution Distribution San Jose/Santa Clara City of Palo Alto City of Sunnyvale 74% x $39,000 10% x $39,000 16% x $39,000 EXHIBIT •A• $152,000 39,000 $191,000 $ 14,000 7,000 150,000 20,000 $191,000 $ 28,860 3,900 6,240 $ 39,000 .• . ' SOUTH BAY DISCHARGERS AUTHORITY Administrative Detail 1~81-82 ADMINISTFATION Personal Services Governing Board ($50 x 5 x 12 mos.) Staff Services Overhead on Staff Services @ 65% TOTAL PERSONAL SERVICES AND OVERHEAD Non-Personal Expenses Governing Board: Bond -Fidelity 5 {3-yr. premium) 500 Meeting Expense 100 Travel 100 Miscellaneous 100 Total Governing Board Staff: Bond -Treasurer 500 Postage, Duplicating & Printing 200 Legal Advertising 300 Miscallaneous 200 Travel 100 Total, Staff Other: Insurance (Wk, Comp. & Annual Financial Audit Legal Services Total Other TOTAL NON-PERSONAL EXPENSES Liab.) 7/1-1 yr. 600 800 1,700 TOTAL ADMINISTRATIVE EXPENSES 1981-82 $3,000 3,500 2,300 800 1,300 3,100 • EXHIBIT •A" $ B,800 $ 5,200 $14,000