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HomeMy Public PortalAbout2012.127 (06-19-12)RESOLUTION NO. 2012.127 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING THE MAYOR TO EXECUTE A HOME PROGRAM RESERVATION AND COMMITMENT AGREEMENT BETWEEN THE CITY OF LYNWOOD AND HABITAT FOR HUMANITY OF GREATER LOS ANGELES (HFH) TO DEVELOP AFFORDABLE OWNERSHIP UNITS AND TO APPROVE HFH AS A CITY DESIGNATED CHDO WHEREAS, the City of Lynwood administers housing activities pursuant to HUD /HOME guidelines located at Title 24 CFR, Part 92; and WHEREAS, in accordance with HUD guidelines, the City of Lynwood is required to reserve and commit 15% of its annual allocation of HOME funds to a qualified Community Housing Development Organization (CHDO); and WHEREAS, The City of Lynwood proposes to enter into a HOME Program Reservation and Commitment Agreement with Habitat for Humanity of Greater Los Angeles, a qualified CHDO, to assist the City in carrying out the HOME requirements of providing affordable housing opportunities to low and very low income residents; and WHEREAS, The City proposes to commit FY 2010 -2011 HOME CHDO funds in the amount of $315,913 and FY 2011 -2012 HOME CHDO funds in the amount of $454,350 for a total of $770,263, to Habitat for Humanity of Greater Los Angeles. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY FIND, PROCLAIM, ORDER, AND RESOLVE AS FOLLOWS: Section 1. The Lynwood City Council approves the HOME Program Reservation and Commitment Agreement ( "Agreement ") with Habitat for Humanity of Greater Los Angeles, subject to the approval of the form of the agreement by the City Attorney. The agreement will be contingent upon the approval of an appropriate development Agreement between Habitat for Humanity of Greater Los Angeles and the City of Lynwood Successor Agency to authorize the use of HOME funds and impose appropriate conditions for the use of such funds, Section 2. The City hereby commits $770,263 of HOME CHDO funds to Habitat for Humanity of Greater Los Angeles, Section 3. The above mentioned funds shall be used for the development of affordable owner - occupied housing pursuant to HUD HOME regulations, Section 4. The Mayor is hereby authorized to execute the agreement. Section 5. This Resolution shall go into effect immediately upon its adoption. PASSED, APPROVED AND ADOPTED this 19 day of June, 2012. Jim Morton, Mayor Maria Quinonez, APPROVED AS TO FORM: Fred Gal nte, City Attorney eg- UZA .�- APPROVED AS TO CONTENT: Sarah M. hers, Director of Community Development ATTEST: STATE OF CALIFORNIA ) ) SS. COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 19 th day of June, 2012. AYES: COUNCIL MEMBERS CASTRO, RODRIGUEZ, SANTILLAWBEAS, ALATORRE AND MORTON NOES: NONE ABSENT: NONE ABSTAIN: NONE STATE OF CALIFORNIA ) ) SS. COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, and the Clerk of the City Council of said City, do hereby certify that the above foregoing is a full, true and correct copy of Resolution No. 2012.127 on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 19 th day of June, 2012. ria Quinonez, - City Clerk