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HomeMy WebLinkAboutCC Reso 2014-27 RESOLUTION 2014 - 2014- 2:1 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CATHEDRAL CITY, CALIFORNIA, APPROVING AND AUTHORIZING THE SUBMITTAL OF AN APPLICATION TO THE CALIFORNIA STATE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR FUNDING UNDER THE HOME INVESTMENT PARTNERSHIPS PROGRAM; AND IF SELECTED, THE EXECUTION OF A STANDARD AGREEMENT, ANY AMENDMENTS THERETO, AND OF ANY RELATED DOCUMENTS NECESSARY TO PARTICIPATE IN THE HOME INVESTMENT PARTNERSHIPS PROGRAM. WHEREAS, The California Department of Housing and Community Development (the "Department") is authorized to allocate HOME Investment Partnerships Program ("HOME") funds made available from the U.S. Department of Housing and Urban Development ("HUD"). HOME funds are to be used for the purposes set forth in Title II of the Cranston-Gonzalez National Affordable Housing Act of 1990, in federal implementing regulations set forth in Title 24 of the Code of Federal Regulations, part 92, and in Title 25 of the California Code of Regulations commencing with section 8200. WHEREAS, On May 1, 2014 the Department issued a 2014 Notice of Funding Availability announcing the availability of funds under the HOME program (the "NOFA"). WHEREAS, In response to the 2014 NOFA, THE CITY OF CATHEDRAL CITY a MUNICIPAL CORPORATION (the "Applicant"), wishes to apply to the Department for, and receive an allocation of, HOME funds. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CATHEDRAL CITY, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. In response to the 2014 NOFA, the Applicant shall submit an application to the Department to participate in the HOME program and for an allocation of funds not to exceed FOUR MILLION FIVE HUNDRED AND FIFTY THOUSAND Dollars ($4,550,000) for the following activities and/or programs: RENTAL NEW CONSTRUCTION PROJECT/ADMINISTRATIVE FUNDS to be located in CATHEDRAL CITY.. SECTION 2. If the application for funding is approved, then the Applicant hereby agrees to use the HOME funds for eligible activities in the manner presented in its application as approved by the Department in accordance with the statutes and regulations cited above. The Applicant may also execute a standard agreement, any amendments thereto, and any and all other documents or instruments necessary or required by the Department or HUD for participation in the HOME program (collectively, the required documents). SECTION 3. The applicant authorizes CHARLES P. MCCLENDON, CITY MANAGER or his/her designee(s) to execute, in the name of the applicant, the required documents. PASSED AND ADOPTED at a Meeting of the CITY COUNCIL OF CITY OF CATHEDRAL CITY held this 11111 DAY OF ■J U Y1' 2014, by the following roll call vote: AYES:CCU r i ► 1e,r nbe s Peifis clod Toles ' mc, yov Pro Tem VC451U e Z NOES: 25 c n d cA.4(Y De 205G ABSENT: CCUriC1 ryleliY1 be I-�cnv� ABSTAIN: a l • Mayor leen J. DeRosa ATTEST: 1141( r r Gary Howell, City Clerk APPROVED AS TO FORM: Charles R. Green, City Attorney REVIEWED: AL1 Charles P. McClendon, City Manager