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Home My Public Portal About06. Resolution 2006-161INTHECITYCOUNCILOFTHECITYOFLIVERMORESTATEOFCALIFORNIAARESOLUTIONAUTHORIZINGSUBMITTALOFANAPPLICATIONTOTHECALIFORNIAHOUSINGFINANCEAGENCYRESIDENTIALLOANPROGRAMANDAUTHORIZINGTHECITYMANAGERTOSIGNDOCUMENTSTheResidentialLoanProgramoffersathreepercentinterestrateloantogovernmentalagenciestobeusedforlocallydeterminedaffordablehousingdevelopmentactivitiesTheCityofLivermoreiseligibletocompeteforCaliforniaHousingFinanceAgencyResidentialLoanProgramNOWTHEREFOREBEITRESOLVEDthattheCityCounciloftheCityofLivermoreherebyauthorizesthesubmittalofanapplicationtotheCaliforniaHousingFinanceAgencyResidentialLoanProgramforfundingupto4000000topayforpredevelopmentexpensesandtoacquirelandfortheuseinthedevelopmentoftheLivermoreVillagehousingdevelopmentOnthemotionofCouncilmemberMarchandsecondedbyViceMayorLeidertheforegoingresolutionwaspassedandadoptedthis10thdayofJuly2006bythefollowingvoteAYESCouncilmembersMarchandReitterViceMayorLeiderandMayorKamenaNOESNoneABSENTCouncilmemberDietrichABSTAINNoneATTESTCITYCLERKAPPROVEDASTOFORMOcICITYATTORNEYRESOLUTIONNO2006161