HomeMy WebLinkAbout22568 - RESOLUTIONS - 7/15/2009 RESOLUTION NO. 22568
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS AUTHORIZING THE SUBMITTAL OF AN
APPLICATION TO THE CALIFORNIA STATE DEPARTMENT OF
HOUSING AND COMMUNITY DEVELOPMENT FOR THE
FUNDING UNDER THE HOME INVESTMENT PARTNERSHIPS
PROGRAM; THE EXECUTION OF A STANDARD AGREEMENT
IF SELECTED FOR SUCH FUNDING AND AMENDMENTS
THERETO; AND ANY RELATED DOCUMENTS NECESSARY TO
PARTICIPATE IN THE HOME INVESTMENT PARTNERSHIPS
PROGRAM FOR THE DEVELOPMENT OF THE VISTA SAN
JACINTO APARTMENTS AT 301 ROSA PARKS ROAD. A5874.
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 11
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;
and
WHEREAS, on June 1, 2009, the Department issued a 2009 Notice of Funding
Availability (the "NOFA") announcing the availability of funds under the HOME program;
and
WHEREAS, the City of Palm Springs, a political subdivision of the State of
California (the "Applicant") wishes to apply to the Department for, and receive an
allocation of HOME funds; and
THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY
RESOLVE AS FOLLOWS:
SECTION 1. In response to the 2009 NOFA, the City of Palm Springs shall
submit an application to the Department to participate in the HOME program and for an
allocation of funds not to exceed Four Million Dollars ($4,000,000) for the development
and construction of a low-to-moderate income apartment complex, referred to as Vista
San Jacinto Apartments, to be located on 5.95 acres at 301 Rosa Parks Road.
SECTION 2. If the HOME 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 statues 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
Resolution No. 22568
Page 2
required by the Department or HUD for participation in the HOME program (collectively,
the required documents).
SECTION 3. The Applicant authorizes the City Manager, or his designee(s) to
execute, in the name of the Applicant, the required documents.
SECTION 4. This resolution shall take effect upon its adoption.
ADOPTED THIS 151" day of July, 2009.
David H. Ready;L� anager
ATTEST:
ames Thompson, City Clerk
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that
Resolution No. 22568 is a full, true and correct copy, and was duly adopted at a regular
meeting of the City Council of the City of Palm Springs on July 15, 2009, by the
following vote:
AYES: Councilmember Hutcheson, Councilmember Weigel, and Mayor Pougnet.
NOES: None.
ABSENT: Councilmember Foat and Mayor Pro Tem Mills.
ABSTAIN: None.
mes Thompson, City Clerk t�7jZ`1j'�° 1
City of Palm Springs, California