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HomeMy Public PortalAbout97-104 (07-15-97)RESOLUTION NO . 97-104 , , A RESOLUTION OF THE CITY OF LYNWOOD, A PUBLIC BODY APPROVING A HOME CONTRACT AND ADMINISTRATION AGREEMENT 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 1995, AND 1996 HOME INVESTMENT PARTNERSHIP CHDO ALLOCATION. WIIEREAS, The Ciry of Lynwood has received HOME Funds, a federal fomiula grant allocation, from the Department of Housing and Urban Development to carty out certain eligible affordable housing activities in accordance with federal program requirements at 24 CFR 92; and WHEREAS, The City of Lynwood has received $$72,150 for the 1995 HOME CHDO Allocation, $36,350 for the 1996 HOME CHDO Allocation, and WHEREAS, the Ciry of Lynwood is required to commit the 1995 HOME CHDO allocation to a project or contract with a subrecipient by July 30,1997 , in accordance with HUD guidelines ; and WHEREAS, The Ciry proposes to enter into a HOME Contract and Administrafion Agreement with the Lynwood Redevelopment Agency , a qualified subiecipient, to assist the Ciry in carrying out the HOME requirements of providing affordable housing opportunities to low and very low income residents; and WHEREAS, The Ciry proposes to commit the 1995, and 1996, HOME Investment monies to the Lynwood Redevelopment Agency pu~suant to the agreement and within the HiJD HOME guideline ; and NOW, THEREFORE the City Council of the Ciry of Lynwood does hereby resolve as follows : Seetion 1. That the Ciry Council approves the HOME Conhact and Administration Agreement by and between the Lynwood Redevelopment Agency and the City to commit $72,150 of the 1995 Home Investrnent Paztnetship Allocation, and $36,350 of the 1996 HOME Investment Partnership Allocation to be used in accordance with regulations established by the Department of Urban Development pursuant to Title 24 CFR part 92. Section 2. This Resolution shall go into effect immediately upon its adopuon. PASSED, APPROVED and ADOPTED this 15th day ofJuly 1997 i~ .~ Paul Richards , Mayor ~ ATTEST: ls~~.la-- ~- ~~.~ Andrea L. Hooper, City Cl re k APPROVED AS TO FORM : 1p~.w.:. ~_ ~.~ City Attorney ~ ~ Faustin-~onzales, City anager •., APPROVED AS TO CONTENT Gary Chicots, o munity Development Director STATE OF CALIFORNIA ) ) ss: COUNTY OF LOS ANGELES ) I, the undersigned City Clerlc of the City of Lynwood, do hereby certify that the above and foregoing resolution and duly adopted by the City Council of said City at a regular meeting thereof held in the City Hall of the City on the 15THday of Ju I y,1997, and passed by the following vote: AYES: COUNCILMEMBER HENNING, BYRD, REA, RICHARDS NOES: NONE ABSENT: NONE ~/~. ~.1~v ~ ~ - - ~ a ~~ City Clerk, City of Lynwood STATE OF CALIFORIVIA ) ) 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 hereby certify that tbe above and foregoing is a full, true and correct copy of Resolution No. 97-104 on file in my office and that said resolution was adopted on the date and by the vote therein stated. Dated this 15TH day of J u Iy ,1997. ~~~,~..~- ~` f~ Z`rtyZler~c,Z`~ty o Lynwoo