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Home My WebLink AboutRESO 6497RESOLUTION NO. 6497 , RESOLUTION OF THE COUNCIL OF THE CIT'i OF PALO ALTO GRANTING TEN THOUSAND DOLLARS ( $10, 000) FROM COM- MUNITY DEVELOPMENT BLOCK GRANT CONTINGENT FUNDS TO PENINSULA CHILDREN'S CENTER WHEREAS, the Peninsula Children's Center (PCC) was allocated Twenty-Five Thousand Dollars { $25, 000) in Community Development Block Grant (CDBG) funds from the City of Palo Alto in fiscal year 1984-85 for the purchase of its group home at 3838 L~ Selva Drive, Palo Alto1 and WHEREAS, when PCC found it more difficult to purchase the home than they anticipated, they negotiated with Housing for Independent People (HIP) for HIP to purchase the home and PCC to lease it with an option to purchase; and WHEREAS, in order to complete the purchase, PCC needs an additional Thirty-Three Thousand Dollars {$33,000); and WHEREAS, PCC has requested an additional Ten !housand Dollars ($10,0QO) from the City of Palo Alto and an additional Ten Thou- sand Dollars ($10,000) from Santa Clara County and will raise the additional Thirteen Thousand Dollars ($13,000) themselves; and WHEREAS, the CDBG Citizens' Advisory Committee recommended that Ten Thousand Dollars { $10 ,000) of CDBG contingent funds be granted to the PCC for the acquisition of the home. NOW, THEREFORE, the Council of the City of Palo Alto does RESOLVE as follows: SECTION 1. The Council of the City of Palo Alto grants an additional Ten Thousand Dollars ($10,000) from the Community Development Block Grant ( COBG) contingent fund to the Peninsula Childre'.'l's Center (PCC} for the acquisition of its group home at 3838 La 3elqa Drive in Palo Alto. SECTION 2. The total grant of Thirty-Five Thousand Dollars ($35,000) shall be made to Housing for Independent People (HIP) with the condition that all funds be used for the purpose origi- nally intended by PCC in the 1984-85 CDBG application, and that the lease/option agreement between PCC and HIP contain a provision that will enable PCC to purchase the home for Two Hundred and Twenty-Five Thousand Dollars ( $225, 000) less a seventy ThoufJand Dollar {$70,000) down payment. SECTION 3. The Council of the City of Palo Alto finds that this 1s not a project under the California Environmental Quality Act, and, therefore, no environmental impact assessment is neces- sary. • INTRODUCED A.ND PASSED: March 17, 1986 AYES: Bechtel, Cobb, Fletcher, Klein, Levy, Patitucci, Renzel, Sutorius, Woolley NOES: None ABSTENTIO~S: None ABSENT: None APPROVED AS TO FORM: lJ~oJtf d. ~~~) irector of Finance )(~Skd+ Director of Planning and Community Environment APPROVEO: ~ Mayor 2.