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HomeMy Public PortalAbout2010.153 (08-03-10)RESOLUTION NO. 2010.153 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING THE SUBMITTAL OF AN APPLICATION WITH. THE CALIFORNIA STATE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR FUNDING UNDER THE BEGIN PROGRAM AND INCORPORATING THE LYNWOOD REDEVELOPMENT AGENCY'S APPLICATION AS ITS OWN; THE EXECUTION OF A STANDARD AGREEMENT IF SELECTED FOR SUCH FUNDING AND ANY AMENDMENTS THERETO; AND AUTHORIZING THE LYNWOOD REDEVELOPMENT AGENCY TO ADMINISTER THE CITY'S BEGIN PROGRAM WHEREAS, the California Department of Housing and Community Development (hereinafter HCD) issued a Notice of Funding Availability ("NOFA") for the CALHOME program established by Chapter 14.5, Sections 50860 through 50866 of the Health and Safety Code (the "statute"). Pursuant to the statute, HCD is authorized to approve funding allocations utilizing. monies made available by the State Legislature to the BEGIN Program, subject to the terms and conditions 'of the statute and the BEGIN Program guidelines adopted as amended by HCD; .and WHEREAS, the Lynwood Redevelopment Agency, a duly authorized governmental entity of the City of Lynwood, has applied for an allocation of funds through the BEGIN Program; and WHEREAS, the City of Lynwood would benefit from an allocation ;of BEGIN funds towards the project located at 4237 Imperial Highway; and WHEREAS, If the City of Lynwood is selected to participate in the BEGIN program, the City would benefit if the Lynwood Redevelopment Agency administered the program. NOW THEREFORE, THE CITY OF LYNWOOD, CALIFORNIA DOES HERBY FIND, ORDER, AND RESOLVE AS FOLLOWS: Section 1. That the City Council authorizes an application with the Department of Housing and Community Development to participate in the BEGIN Program to provide assistance mortgage assistance for 4237 Imperial Highway, Lynwood, California 90262. Section 2. That the City Council adopts and incorporates the Lynwood Redevelopment Agency's application for BEGIN funds as the City's application and thus ratifies the City Manager's execution of the application for BEGIN funds. Section 3. If the application for funding is approved, the City of Lynwood authorizes the Lynwood Redevelopment Agency to administer the BEGIN Program and use the BEGIN Program funds for eligible activities in the manner presented in the application as approved by HCD and in accordance with program guidelines. Section 4. This Resolution shall take effect upon approval and adoption of the Resolution. PASSED, APPROVED and ADOPTED this 3~d day of August 2010. Maria T. Santillan, Mayor ATTEST: / J Maria Quinonez, City Clerk Roger L. aley, City Manager APPROVED AS TO FORM: Fred Galante, City Attorney APPROVED AS TO CONTENT: / ' ' - ' h rs, Director of Redevelopment 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 3`d day of August, 2010. AYES: COUNCIL MEMBERS FLORES, MORTON, RODRIGUEZ, AND SANTILLAN NOES: NONE ABSENT: COUNCIL MEMBER CASTRO ABSTAIN: NONE i ~ Maria 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. 2010.153 on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 3`d day of August, 2010. i Maria Quinonez, City Clerk