HomeMy Public PortalAbout95-056 (05-02-95)RESOLUTION NO. 95 -56
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, A PUBLIC
BODY APPROVING TWO HOME CONTRACT AND ADMINISTRATION
AGREEMENTS BETWEEN THE LYNWOOD REDEVELOPMENT AGENCY AND
THE CITY OF LYNWOOD, PURSUANT TO TITLE 24 CFR, PART 92, TO CARRY
OUT CERTAIN HOUSING RELATED ACTIVITIES PURSUANT TO HOUSING AND
URBAN DEVELOPMENT REGULATIONS AND TO COMMIT THE CITY OF
LYNWOOD 1993 HOME INVESTMENT PARTNERSHIP ALLOCATION AND 1994
HOME INVESTMENT PARTNERSHIP ALLOCATION
WHEREAS, The City of Lynwood has received $376,000.00 in HOME Investment
Partnership allocation for Fiscal Year 1993 and $444,000 in HOME Investment Partnership
allocation for Fiscal Year 1994 from the Federal Department of Housing and Urban Development
to carry out certain eligible activities in accordance with federal program requirements at 24 CFR
92; and
WHEREAS, the City of Lynwood is required to commit the 1993 HOME Fund allocation
to a project or contract with a subrecipient by May 30,1995 , in accordance with HUD guidelines
;and
WHEREAS, The City proposes to enter into a HOME Contract and Administration
Agreement with the Lynwood Redevelopment Agency , a qualified subrecipient, 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 1993 and 1994 HOME Investment Partnership
monies to the Lynwood Redevelopment Agency pursuant to the agreement and within the HUD
' HOME guidelines; and
NOW, THEREFORE the City Council of the City of Lynwood does hereby resolve as follows:
Section 1 . That the City Council approves the HOME Contract and Administration Agreement
between the Lynwood Redevelopment Agency and the City to commit $282,000 of the 1993
Home Investment Partnership Allocation and $334,000 of the 1994 HOME Investment
Partnership Allocation to be used for the development of affordable units.
Section 2 . This Resolution shall go into effect immediately upon its adoption.
PASSED, APPROVED and ADOPTED this 2nd day of May, 1995
ATTEST-
' Andrea L. Hooper, City Clerk
APPROVED AS TO FORM:
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City Attorney
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Louis Byrd, Mayor t l
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STATE OF CALIFORNIA )
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COUNTY OF LOS ANGELES )
I , the undersigned City Clerk of the City of Lynwood , do herby certify that the
forgoing resolution was passed and adopted by the City Council of the City of Lynwood
at the regular meeting held on the day of May by the following vote :
AYES: COUNCILMEMBER HENNING, REA, RICHARDS, HEINE
NOES: NONE
ABSENT: COUNCILMEMBER BYRD
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CITY CLERK, CITY OF LYNWOOD
STATE OF CALIFORNIA )
ss .
COUNTY OF LOS ANGELES )
I, the undersigned City Clerk of the City of Lynwood and Clerk of the City
Council of said City, do herby certify that the above and forgoing is a full, true and correct
copy of Resolution No. 95 -56 on file in my office and that said resolution was adopted
on the date and by the vote therein stated.
Dated this 2 day of May