HomeMy WebLinkAboutRES CC 2004 2238 2004 0901RESOLUTION NO. 2004 -2238
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MOORPARK, CALIFORNIA, AUTHORIZING
SUBMITTAL OF AN APPLICATION TO THE STATE OF
CALIFORNIA DEPARTMENT OF HOUSING AND
COMMUNITY DEVELOPMENT (HCD) FOR FUNDING
UNDER THE CALHOME PROGRAM AND EXECUTION OF
THE STANDARD AGREEMENT, ANY AMENDMENTS
THERETO, AND ALL OTHER DOCUMENTS REQUIRED BY
HCD FOR PARTICIPATION
WHEREAS, the City of Moorpark, a municipal corporation,
wishes to apply for and receive an allocation of funds through
the CalHome Program; and
WHEREAS, the California Department of Housing and Community
Development (HCD) has issued a Notice of Funding Availability
(NOFA) for the CalHome program established by Chapter 84,
Statutes of 2000 (SB 1656 Alarcon), and codified in Chapter 6
(commencing with Section 59650) of Part 2 of Division 31 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
CalHome program, subject to the terms and conditions of the
statute and the Cal Home Program Regulations adopted by HCD on
August 15, 2003; and
WHEREAS, the City of Moorpark wishes to submit an
application to obtain from HCD an allocation of CalHome funds in
the amount of $500,000.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. In response to the Notice of Funding
Availability issued on July 15, 2004, the City of Moorpark shall
submit to HCD an application to participate in the CalHome
Program, requesting a funding allocation for any of the
following expenses related to the purchase of real property for
the purpose of developing said property with single family
housing upon the site, including certain units to be designated
as affordable housing for low income households: acquisition
costs; building permits and predevelopment costs; onsite
improvements associated with said development; carrying costs
during the construction process; escrow, title insurance,
recording and other related expenses; costs for items to assure
Resolution No. 2004 -2238
Page 2
the completion of construction, such as contractor bond
premiums; environmental and engineering studies; and the payoff
of bridge loan financing for site acquisition, if necessary, in
the amount of $500,000.
SECTION 2. If the application for funding is approved, the
City of Moorpark hereby agrees to use the CalHome funds for
eligible activities in the manner presented in the application
as approved by HCD and in accordance with program regulations
herein referenced.
SECTION 3. The City of Moorpark authorizes the City
Manager to execute in the name of the City of Moorpark, the
application, the Standard Agreement, and all documents required
by HCD for participation in the CalHome Program, and any
amendments thereto.
SECTION 4. The
this resolution and
filed in the book of
City Clerk shall certify to the adoption of
shall cause a certified resolution to be
original
PASSED AND ADOPTED this 1
ATTEST:
Deborah S. Traffenstedt, City Clerk
Resolution No. 2004 -2238
Page 3
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Deborah S. Traffenstedt, City Clerk of the City of
Moorpark, California, do hereby certify under penalty of perjury
that the foregoing Resolution No. 2004 -2238 adopted by the City
Council of the City of Moorpark at a regular meeting held on the
1st day of September, 2004, and that the same was adopted by the
following vote:
AYES: Councilmembers Harper, Mikos, Millhouse, Parvin
and Mayor Hunter
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this
13th day of September, 2004.
Deborah S. Traffenstedt, tity Clerk
(seal)