HomeMy Public PortalAbout2008.063 (05-06-08)RESOLUTION NO. 2008.063
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD
TO APPROVE SUBSTANTIAL CHANGE NO. 3 TO THE HOME PROGRAM
FOR THE PURPOSE OF REPROGRAMMING HOME FUNDS TO A
QUALIFIED AND CERTIFIED CHDO TO ACQUIRE PROPERTY AND
DEVELOP AFFORDABLE HOUSING
WHEREAS, Lynwood City Council approved the use of HOME funds for fiscal
years 2001-2006 which included allocations for specific activities; and
WHEREAS, a need exists to reallocate approximately $560,000 of HOME CHDO
funds to a qualified and certified CHDO for the acquisition of property and to provide
affordable housing in order to meet the July 31, 2007, expenditure deadline and avoid
de-obligation of funds; and
WHEREAS, the City must amend it Consolidated Annual Action Plan in order to
move funds from one project to another, which constitutes an Substantial Change; and
WHEREAS, the adoption of Substantial Change No. 3 will allow the City to meet
it's goals and comply with HUD regulations.
NOW THEREFORE, the City Council of the City of Lynwood does hereby find,
determine, order and resolve as follows: .
Section 1. Approve and Adopt amendments to HUD Consolidated Action
Plans as follows:
a. Amendments to Actions Plans and fund balances for FY 2001-2006
b. Addition of new activities for property acquisition and development by a
certified and qualified CHDO in the approximate amount of $560,000
Section 2. This resolution shall become effective immediately upon its
adoption.
PASSED, APPROVED and ADOPTED this 6t" day of May, 2008.
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Maria Teresa Santillan
Mayor
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Maria Quinonez, Secretary Roger Hal
City Manager
APPROVED AS TO FORM:
APPROVED AS TO CONSENT:
Fred Galante, City Attorney
Hempsistant City Manager
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 6th day of May, 2008.
AYES: COUNCIL MEMBERS, CASTRO, FLORES, MORTON, RODRIGUEZ,
AND SANTILLAN
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
i
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aria Quinonez, City Clerk
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. 2008.063 on file in my office and that said Resolution was
adopted on the date and by the vote therein stated. Dated this 6th day of May, 2008
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Maria Quinonez, Cft'y Clerk °'`