Loading...
CC Resolution 11167RESOLUTION NO. 11167 AUTHORIZES THE SUBMITTAL OF AN APPLICATION TO THE CALIFORNIA STATE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR FUNDING UNDER THE BUILDING GROWTH IN NEIGHBORHOODS (BEGIN) PROGRAM, THE EXECUTION OF A STANDARD AGREEMENT IF SELECTED FOR SUCH FUNDING AND ANY AMENDMENTS THERETO; AND ANY RELATED DOCUMENTS NECESSARY TO PARTICIPATE IN THE BEGIN PROGRAM WHEREAS, the City of Campbell, a political subdivision of the State of California, wishes to apply for and receive an allocation of funds through the BEGIN Program; and WHEREAS, California Department of Housing and Community Development (HCD) has issued a Notice of Funding Availability (NOFA) for the BEGIN Program established by Chapter 14.5 Sections 50860 through 50866 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 BEGIN Program Guidelines adopted as amended by HCD on ~~~~; and -~ ! al 1 u~i wP WHEREAS, the City of Campbell desires to re-submit a Streamlined application to obtain from HCD a maximum allocation of BEGIN Program funds in the amount of $2,256,000. IT IS NOW THEREFORE RESOLVED THAT (1) the City of Campbell shall submit to HCD an application to participate in the BEGIN Program in response to the NOFA issued on }~~0~;~ l9 -~~~ 2010 which will request a funding allocation for the following activities located at 511 & 555 W. Campbell Avenue, Campbell, California: • $1,128,000 for 12 low income units of affordable housing for first time homebuyers • $1,128,000 for 12 moderate income units of affordable housing for first time homebuyers. (2) If the application for funding is approved, the City of Campbell hereby agrees to 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 cites above. It also may execute any and all other instruments necessary or required by HCD for participation in the BEGIN Program. (3) The City of Campbell authorizes Daniel Rich, City Manager to execute in the name of the City of Campbell, the application, the Standard Agreement, and all other documents required by HCD for participation in the BEGIN Program, and any amendments thereto. PASSED AND ADOPTED this 1st day of June, 2010, by the following vote: AYES: NOES: ABSTAIN: ABSENT: Councilmembers: Kotowski, Kennedy, Furtado, Baker Low Councilmembers: None Councilmembers: None Councilmembers: None ~/` ~~ Anne Byb e, City Clerk Evan D. Low, Mayor ~E ~ CgMn ~~~ e~ v r i ~ ~ C H A 0. ~ CITY of CAMPBELL City Clerk's Office Affidavit to Campbell City Council Resolution 11167, adopted June 1, 2010. I, Anne Bybee, City Clerk, do hereby certify that the corrected dates on Resolution 11167 are to replace dates that were incorrectly typed, and the handwritten dates are true and correct. Witness my hand and seal of the City of Campbell this 22nd day of June, 2010. Anne Bybee, City Clerk City of Campbell, California 70 North First Street Campbell, California 9 5008-1 4 3 6 Tee 408.866.21 17 ~ Fnx 408.374.6889 ~ Tots 408.866.2790