HomeMy Public PortalAbout85-013 (02-19-85)RESOLUTION NO. 85-13
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A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF LYNWOOD ADb1ENDING SECTION 2.05
ITEM F #1 OF THE HOUSING REHABILITATION
REGULATIONS MANUAL TO INCREASE THE DE-
FERRED PAYMENT LOAN LIMITS FROM $10,000
TO $15,000 FOR GENERAL REHABILITATION
AND FROM $16,000 TO $25,000 WHERE A ROOM
ADDITION IS NEEDED TO ALLEVIATE OVER-
CROWDED CONDITIONS
WHEREAS, Housing construction costs have risen over
30% in the last four years;
WHEREAS, present loan limits do not allow for suf-
ficient amounts to correct code violations to meet City's
Rehabilitation Standards; and
WHEREAS, it is the purpose of the Housing Rehabilita-
tion Program to bring all assisted units into compliance with
the Rehabilitation Standards and extend their useful life not
less than twenty years;
NOW, THEREFORE, the City Council of the City of
Lynwood does hereby find, determine, order and resolve as follows:
Section 1. Section 2.D 5, Item F #1 of the Housing
Rehabilitation Regulations Manual is hereby amended to reflect
an increase in the Deferred Payment Loan limits from $10,000 to
15 000 fir general rehabilitation work and from $16,000 to
$25,000 where a room addition is needed to alleviate overcrowded
conditions.
Section 2. This Resolution shall become effective
immediately upon its adoption.
PASSED, APPROVED and ADOPTED this 19th day of
February 1985. ~'-~~ ~ n
JOHXV D. BYORK, Mayor
City of Lynwood
ATTEST:
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ANDREA L. HOOPER, City lerk
City of Lynwood
APPROVED AS TO FORM:
ty A
APPROVED AS TO CONTENT:
PATRICK P. IMPORfi'UNA, Director
Community Development
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BARBARA FIKEL, Accounting 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 19th day of February 1985.
AYES: COUNCILMEN HENNING, MORRIS, ROWE, THOMPSON, BYORK
NOES: NONE
ABSENT: NONE
CC~tcf~c~ COY/ ~~~r_~'~ -!
City Clerk, City of Lynwood -
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