HomeMy WebLinkAboutRESO7546RESOLUTION NO. 7546
RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO
AUTHORIZING APPLICATION FOR FUNDING UNDER THE HOME
INVESTMENT PARTNERSHIPS PROGRAM
WHEREAS, the California Department of Housing and Community
Development ("HCD") issued a Notice of Funding Availability ("NOFA")
for the Home Investment Partnerships Program ("HOME program"), and
is authorized to approve funding allocations which will be made
available directly through the United States Department of Housing
and Urban Development ("HUD") to be used for the purposes set forth
in Title II of the Cranston -Gonzalez National Affordable Housing
Act of 1990, the implementing regulations set forth in Title 24 of
the Code of Federal Regulations, Part 92, and Title 25 of the
California Code of Regulations, commencing with Section 8200; and
WHEREAS, the City of Palo Alto, a chartered city and a
municipal corporation of the State of California, wishes to submit
an application for and receive an allocation of HOME funds;
NOW, THEREFORE, the Council of the City of Palo Alto does
RESOLVE as follows:
SECTION 1. In response to the NOFA, the City Council
hereby authorizes the City of Palo Alto to submit an application to
HCD for funding under the HOME program and request a funding
allocation for new construction of rental housing or the
acquisition and rehabilitation of rental housing, or both, in the
City of Palo Alto.
SECTION 2. If the application for funding is approved, the
City of Palo Alto by its City Council hereby agrees to use the HOME
funds for eligible activities in the manner presented in the
application as approved by HCD and in accordance with the
implementing regulations cited above. The City Council also
authorizes the execution of any and all other instruments necessary
or required by HCD or HUD for participation in the HOME program.
SECTION 3. The City Council hereby authorizes the City
Manager, or her designee, to execute in the name of the City of
Pao Alto the application, the Standard Agreement, as approved as
to form by the City Attorney, and all other documents required by
HCD or HUD for participation in the HOME program, and any amend-
ments thereto.
SECTION 4. The City Clerk is hereby directed to prepare
a certified copy of this resolution to be submitted to HCD with the
application for HOME funds.
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SECTION 5. The action taken hereby does not constitute a
project for purposes of the California Environmental Quality Act
(*CEQA"), therefore, no environmental assessment is required.
INTRODUCED AND PASSED: August 14, 1995
AYES: ANDERSEN, FAZZINO, HUBER, MCCOWN, ROSENBAUM, SIMITIAN, WHEELER
NOES:
ABSENT: KNISS, SCHNEIDER
ABSTENTIONS:
APPROVED: '`
Mayor
erector of Planning and
Corcanun$ty Environment
'rector of Admin. Services
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