RES 11467 - Laserfiche WebLink

RESOLUTION NO. 11-467 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON AUTHORIZING THE SUBMITTAL OF AN APPLICATION TO THE CALIFORNIA STATE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR FUNDING UNDER THE BEGIN PROGRAM WHEREAS, the City of Pleasanton, a municipal corporation of the State of California, wishes to apply for and receive an allocation of funds through the BEGIN Program, and WHEREAS, the California Department of Housing and Community Development (hereinafter referred to as "HCD") has issued a Notice of Funding Availability ("NOFA") for the BEGIN program established by Chapter 14.5, Sections 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, subject to the terms and conditions of the statute and the BEGIN Program Guidelines adopted as amended by HCD on 4/19/10; and WHEREAS, the City of Pleasanton wishes to submit an application to obtain from HCD an allocation of BEGIN Program funds in the amount of $610,000. NOW, THEREFORE BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES RESOLVE, DECLARE, DETERMINE AND ORDER THE FOLLOWING: SECTION 1. The City of Pleasanton shall submit to HCD an application to participate in the BEGIN Program in response to the NOFA issued on April 19, 2010, which will request a funding allocation for the following activities: Development of 10 affordable home ownership units by Habitat for Humanity. SECTION 2. If the application for funding is approved, the City of Pleasanton 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 cited above. It also may execute any and all other instruments necessary or required by HCD for participation in the BEGIN Program. SECTION 3. The City of Pleasanton authorizes the City Manager to execute in the name of the City of Pleasanton, the application, the Standard Agreement and any amendments, and all other documents required by HCD for participation in the BEGIN Program, and any amendments thereto. PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at a regular meeting held on July 19, 2011.