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1982-428 RESOLUTION NO. 82R-428 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM ADOPTING A HOME MORTGAGE FINANCE PROGRAM IN COOPERATION WITH THE COUNTY OF ORANGE. WHEREAS, there is a shortage in the County of Orange (the "County") and in the City of Anaheim (the "City") of decent, safe and sanitary housing, particularly of housing affordable by persons in the lower end of the purchasing spectrum, and a consequent need to encourage the construction, purchase and rehabilitation of homes affordable by such persons and otherwise to increase the housing supply in the City and in the County for such persons; and ' WHEREAS, the Board of Supervisors of the County has resolved to engage in a home mortg~ge "finance pr~gram (the "Pr~gram") pursuant to Part 5 of Division 31 of the Health "and Safety Code of the State of California (the "Actll) for persons and families within the income limits established by the Act and has determined to issue revenue bonds pursuant to the Act to provide "funds for the Program; and WHEREAS, the City Council finds and determines that it is in the best interests of the City of Anaheim to adopt the Program and to consent to the implementation of the Program for the Wind River Project located at 649 South 'Beach "Boulevard, Anaheim, California, by the County within the geographic boundaries of" the City pursuant to the Act. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim, as follows: SE'CT"ION "I. The City hereby adopts the "Pr0gram for the purpose of increasing the housing supply in the County and in the City and consents to the 'implementation of the Program by the County with respect to all property located within the geographical boundaries of the City. SE.CTION "2. The Cooperative Agr,ee~ent, dated as of , 1982, betwe"en the County and the "City (the "Agree- merit")) in substantially the form submitted to this meeting, is hereby approved; and the proper officers of the City are hereby authorized and directed to execute and deliver said Agreement, for and in the name and on behalf of the City, and to approve any additions to or changes in said form of the Agr"eenient which they deem necessary or advisable, their approval of such additions or changes to be conclusively evidenced by their execution of said Agreement as so added to or changed. The proper officers of the City are further authorized to enter into such additional agree- ments with the County, execute such other documents "and take such other actions as they may deem necessary or appropriate to carry out the purpose and intent of the Agreement or to cooperate in the implementation of the Pr~gram. SECT'ION 3. This Resolution shall take ef.fect "immediately upon its adoption. THE FOREGOING RESOLUTION is appr,oved and adopted by the City COtnlcil of the City of Anaheim thi"s 17th day ()f . August" 1982 . MAYOR OF THE ATTEST: ~~... CITY vLE ANAHEIM STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss · CITY OF ANAHEIM ) I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 82R-428 was introduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim held on the 17th day of August, 1982, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Kaywood, Pickler, Bay and Roth NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Overholt AND I FURTHER certify that the Mayor of the City of Anaheim signed said Resolution No. 82R-428 on the 17th day of August, 1982. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 17th day of August, 1982. ex. ~..J ~~ CITY CLERK OF THE CITY F ANAHEIM ( SEAL) I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 82R-428 duly passed and adopted by the Anaheim City Council on August 17, 1982. ~r~~ CITY CLERK ..-.-..........,..