HomeMy Public PortalAboutr 13-181Antlfutiuu of f4iE
13 -181
11 Date of Adoptlo q�tober 3, 2O13
I
APPROVING RCA FUNDING FOR AFFORDABLE
HOUSING AT 47 ESSEX STREET
WHEREAS, the Borough of Carteret desires to provide additional affordable housing
opportunities with available Regional Contribution Agreement (RCA funding); and
WHEREAS, the Carteret Housing and Development Corporation (the "CHADCO ") has
proposed to provide a qualifying affordable housing unit at 47 Essex Street; and
WHEREAS, the Borough is willing to contribute a total of $35,000.00 in RCA funding
toward the rehabilitation of the affordable housing unit; and
WHEREAS,. the Borough desires to designate the CHADCO as the Administrative
Agent for the unit in the 47 Essex Street Project.
NOW, THEREFORE BE IT RESOLVED, by the Borough of Carteret as follows
1. The Borough hereby agrees to contribute $35,000.00 in RCA funding for
the qualifying affordable housing unit to be identified as the 47 Essex
Street Project.
2. The appropriate Borough Officials are hereby authorized and d to
take all actions needed to implement the provisions and intent of this
resolution.
3. The Borough hereby endorses CHADCO's application(s) for additional
affordable housing funding.
4. The Borough hereby designates the CHADCO as the Administrative
Agent for said unit in the 47 Essex Street Project.
Adopted this 3` day of October, 2013
and certified as a true copy of the
original on October 4, 2013.
KATHLEEN BABARNEY, NDAC
Municipal Clerk
RECORD OF COUNCIL VOTE -
COUN(JUNIAN
YES
NO
NV
A.B.
COUNCILMAN
YES
NO
NV
A.B.
BE LID
_
X
f0'dPl
DIAZ
X
wxt s
X
DI Nx%S' 'd0
X
SrDW
X
X - Indicate Vote AB - Absent NV - Not Voting
XOR- Indicates Vote to Overmle Veto
Adopted at a meeting of the Municipal Council
yy,.•,
QCtober 3, ,f01j133�'�
M pr
OFFICE OF
KATHLEEN nf. BARNEY, P.,11 C /CTIC
MUNICIPAL CLERK
' � t
NIOOL =ScX COUNTY
TEL (732) 541.3800 '
.Fk.1 (732) 541.8925
61 COOKE kVEIYU E .
CARTERET, NEIV JERSr,Y 07008
0-tober 4, 2013
Dat
70: Patrick T. DeBlasio, Treasurer
Borough of Carteret
R-EQ UEST FOR CERTLFTCATION. OF AVAILABLE FUNDS:
Tor: RCA FIND ) RE: Selior Citizen Haisirg at 47 Fsgec Street.
Nzme ofAccount: —,
A_MO UNT TO BE ENCUMBEREI
U
U
t o contribute $35,001 in RCA fttAug
outs.
xAY HLEEN M_ B A—mR T
Municipal Clerk
CERTMCATION OF AVA,LLABMITY OF FU
T, Treasurer of the Borough
�h of Carteret; do hereby cer - ufy that t here ar e s
_____budget.to_ehable he 2vfunicipal Council io arithori_e tne'entenno into a contrra be een the Bo o of Car Bret
and:
The funds_ available for this c ontract are in the Budget, in the account of
C_gy
in the amount of.
By this cen- i5cation, I have her encumbered the above named account For e amount oft I he contract.
PAT C I. DeBLASIO, Treasurer
Date: (ply/i�
Y`tvfBI