HomeMy WebLinkAbout17763 - RESOLUTIONS - 1/8/1992 RESOLUTION NO. 17763
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
CALIFORNIA AUTHORIZING THE EXECUTION OF THE STANDARD
AGREEMENT AND ANY AMENDMENTS THERETO AND RELATED DOCUMENTS
FOR THE IMPLEMENTATION AND PARTICIPATION IN THE OPERATIONAL
PHASE OF THE STATE OF C:ALIFORMA'S RENTAL HOUSING CONSTRUCTION
PROGRAM.
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1
WHEREAS,the City of Palm Springs has executed State Contract No. 83-RHC-145 authorizing
the participation in the Rental Housing Construction Program; and
WHEREAS, pursuant to Sections 50735 at seal. of the California Health and Safety Code, the
California Department of Housing and Community Development (hereinafter the "State") is
authorized to provide funds for the purpose of reducing rent levels to ensure occupancy by
eligible households; and
WHEREAS, the City of Palm Springs, a local public agency organized under the statutes of the
State of California, is eligible to receive said funds; and
WHEREAS, the development identified in the State Contract has been completed and may
require said funds for operational subsidy.
'THEREFORE BE IT RESOLVED that the City of Palm Springs is hereby authorized to enter into
an amendment and any future amendments to the contract with the State for the; purposes
of providing such funds according to the terms of such contract; and
BE IT (FURTHER RESOLVED that the City Manager of the City of Palm Springs is hereby
authorized to execute the Standard Agreement and any related documents, including
amendments on behalf of the City of Palm Springs, in a form approved by the City Attorney. �
ADOPTED this 8th day of January 1992.
v
AYES: Councilmembers Broich, Hodges, Murawski , Neel and Mayor Bono
NOES. None
ABSENT: None
ATTEC%T- CITfY 0 PALM SPIR GS; ALIFORNIA
BY: /� a
—' City Clerk ty anage
REVIEWED & APPROVED:
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