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HomeMy WebLinkAbout2005-12 - Work Force Housing Reward GrantRESOLUTION NO. 2005- 12 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF A STANDARD AGREEMENT AND ANY AMENDMENTS THERETO, AND ANY OTHER DOCUMENTS NECESSARY TO SECURE A WORKFORCE HOUSING REWARD GRANT FROM THE STATE OF CALIFORNIA, DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT. WHEREAS, the City of Newport Beach, a city within the State of California, applied for and will submit the Application Package released December 2004 by the State Department of Housing and Community Development (HCD) for the Work Force Housing (WFH) Reward Grant Program; and WHEREAS, funding for WFH grant program has been made available pursuant to the Housing and Emergency Shelter Trust Fund of 2002 (Proposition 46); and WHEREAS, pursuant to the statute, HCD is authorized to approve funding allocations for the program, subject to the terms and conditions of the NOFA and the Program Guidelines, Application Package and Standard Agreement. NOW, THEREFORE, BE IT RESOLVED SECTION 1: The City of Newport Beach shall be subject to the terms and conditions as specified in the standard agreement (Contract). Funds are to be used for allowable capital asset project expenditures to be identified in Attachment A of the Contract. The application in full is to be incorporated as part of the Contract and any and all activities funded, information provided, and timelines represented in the application are enforceable through the Contract. The City of Newport Beach hereby agrees to use the funds for an eligible capital asset in the manner presented in the application as approved by the HCD and in accordance with the NOFA and Program Guidelines and Application Package, The City of Newport Beach also may execute any and all instruments required by HCD for participation in the WFH Program. SECTION 2: The City of Newport Beach authorizes Sharon Z. Wood, Assistant City Manager, and /or her designee(s) to execute in the name of the City of Newport Beach the Application Package, the Standard Agreement, and all other documents required by HCD for participation in the WFH Program. PASSED, APPROVED AND ADOPTED THIS 22ND DAY FEBURARY, 2005. ATTEST: CITY CLERK AYES, COUNCIL MEMBERS Heffernan, Rosansky, Webb, Daigle, Nichols, Mayor Bromberg NOES, COUNCIL MEMBERS ABSENT COUNCIL MEMBERS Ridgeway STATE OF CALIFORNIA } COUNTY OF ORANGE as. CITY OF NEWPORT BEACH } I, LaVonne M. Harkless, City Clerk of the City of Newport. Beach. California, do hereby certify that the whole number of members of the Citv Council is seven; that the foregoing resolution, being Resolution No. 2005 -12 was duly and regularly introduced before and adopted by the City Council of said City at a regular meeting of said Council, duly and regularly held on the 22nd day of February 2005, and that the same was so passed and adopted by the following vote, to wit: Ayes: Heffernan, Rosansky, Webb, Daigle, Nichols, Mayor Bromberg '_Noes: None Absent: Ridgeway Abstain: None IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the official seal of said City this 23rd day of February 2005. (Seal) City Clerk Newport Beach. California