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Home My WebLink AboutRESO 5432•. • , ORIGINAL RESOLUTION NO. S432 RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO APPROVING AMENDMENT NO. 2 TO THE COOPERATION AGREEMEtrr WITH THE HOUSING AUTHOR1TY OF THE COUNTY OF SANTA CLARA The Council of the City of Palo Alto does RESOLVE as fol-· lows: SECTION 1. That Amendment No. 2 to the Cooperation Agree- ment, attached hereto, between the CITY OF PALO ~TO, and the HOUSING AUTHORITY OF THE COUNTY OF SANTA CLARA, ba and the same hereby is approved. SECTION 2.. That such amended agreement and the activities carried out pursuant thereto will have no significant envirvn- mental impact. SECTION 3. That the Mayor be and he her.eby. is authorized and drreeted to execute the same for and in behalf of the City. IHTR.ODUCED AND PASSED: July 18, 1977 AYES: Brenner, carey, Clay, Eyer1y, Fazzino. Pletcher, Beoderson, Sher, Witherspoon NOES: None ABSENT: None ABSTENTIONS: None APPRO AS TO FOBM: ~ '"--~ ~~--------~ PLEASE DO NOT SIGN THIS ORIGidAL ~-UNLESS. YOU ARE SATISFIED THAT THE EXHIBITS ARE CORRECTLY DESIGNATED AND (i ATTACHED? .. ' AMENm!NT HO. 2 TO COOPERAT.ION AGREEMENT. • Between the CITY OF PALO ALTO and the HOUSING AUTHORITY OF THE COUNTY OF SAlITA CLARA THIS AMENDMENT NO. 2 TO AGREEMENT. made. and entered into this day of , 1977, by and between the Cl'rl OF Pxt'O ALTO, a municipal corporation of California, here- inafter referred to aa "City," and the HOUSING AUTHORITY OF THE COUNTY OF SAlfrA CLARA, a public corporation created· pursuant to the Housing Authorities Law, with offices at 770 Kiely Boulevard, Santa Clara, California 95051, hereinafter referred to as "Housing Authority"; W 1 T N E S S E T H: _ _. ____ ....,._.. __ _ WHEREAS, on February 11, 1974, CITY, by Resolution No. 4879, · and HOUSING AUTHORITY entered into a cooperat.ion .agreement (Contract No. 3570) pursuant to the Housing· .Cooperation Law in connection with the rental of unit under the federal Section 23 program or any subsequent and similar federal and state program; and WHEREAS, on May 19th, 1975, CITY, by Resolution No. 5086 passed April 21, 1975, and HOUSING AUTHOR.I.TY entered into Amendment No. 1 to a cooperation agreement {Contract No. 3570) and WHEREAS, the parties des ire to further amend· ·aaj,d agreement to provide for an increase in the maxilnum .amount ..of funds to be coumitted in any one year; and to provide for an additional three· year term.i and NOW,.THEREFORE, in consideration of their mutual covenants, the parties .agree as follows: l. Subsection B. of Section 2 (DUTIES OF HOUSING AUTHORITY) of said agreement bereby is amended co· read .aa follows: · · "B;; Housing Authority shall enter as many leases for three-y~ ·terms.as .poaaible, pursuant to Section 2.A •. _ ~this agreaaent, consistent with the requirements thereund~r. However, the Housing Authority shal.l not enter so many leases on such terms that:·more :than Twenty Thousand Two Hundred Fifty·Do.11.ars ($20,250) of funds provided by City hereunder would be coilmitted for the period of any one year from the date of execution of th±s -agreement. In no event shall the Housing Authority enter so many leases on such terms that.the total amount of funds required to be provided by City under this agreement could exceed Sixty Thousand Dollars ($60,000) from the date of execution to the date of termination of this agresent." 2. Subsection B. of Section 3 (DUTIES OF CITY) of said agreement hereby is amended to read as follows: .. 1 - . • .. • "B~ City shall reimburse Hce_..t,.· AtJ. .. thority, after the annual adaace . ..YJ'ftditr Section 3.A., in such amount• .u'.·--.y-he. re- quired for leases entered he~uudar· ftieh aggregate ·up to Twenty Thousand rwo.·•lfandred Fifty Dollar~ ($20,250) annuall11 ~ncluaive of the annual ad\'ance, and up to .Sixty:" Thousand Dollars ($60, 000) over the tum hel:eaf..;· ~cal ...:ulated from the date of the fil:at----ce~ · to the date of termination o£ -. th:t..'8 ··.asza-nt. Reimbursement of Housing Author.it.:y, fc·llowing the initial annual advance, shall be·ma:de~upon submission to City of the progress and financial report required under Section 2.E.(l) for units leased hereunder~" --··'. 3. Section 4. (TERM) of said agreement hereby is amended to read as follows: "4·. TEBM. This agreement shall .commence on August l, 1§17, and shall terminate three years following such date·;." · · · · · -- 4. Except as specifically amended herein:; :aaid-. .cooperation agreement (Contract No~ 3570) dated Febrwu:y ..11,~ .:1974, and approved by Resolution No .. 4879, and amended.by.Amendment No. 1 dated May 19, 1975, and approved by Resolution No. 5086, shall remain in full force and effect.. · .. · IN WITNESS WHEREOF, CITY a.nd HOUSING.AUTHORITY have executed this agreement the day and year first above written. APPROVED AS TO FORM: HOUSING AlJTHORI.ft·. OF THE COUNTY OF. SANTA CLARA ' · . : - John Burns, Eiecutlve Director, Santa Clara County Housing Authority tor the Boaz:d or c:oDiliissioners of the Santa . .ClaraCounty Housing Authority AP~ TO FORM: c~~ ~~ ~------- clty.controiler Director of Planning and _ Community Environment - CITY ~PALO ALTO· · · - BY l':/~.:U.S:,.., or --:;>?,..Z-~ ... '? -<---.e C:..· ..z;'A~ -- ~ C~{..z;__..e-1!" ~ "Ci'lO