1985-221RESOLUTION N0. 85R-221
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 Supervisiors of the County has resolved to
engage in a home mortgage finance program (the "Program") pursuant to Part 5
of Division 31 of the Health and Safety Code of the State of California (the
"Act") 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, this City Council finds and determines that it is in the
best interest of the City to adopt the Program and to consent to the
implementation of the Program by the County within the geographic boundaries
of the City pursuant to the Act with respect to certain identified housing
developments located within the City.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Anaheim as follows:
Section 1. The City hereby adopts the Program 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 those certain housing developments identified in Exhibit
A hereto located within the geographical boundaries of the City.
Section 2. The proposed cooperative agreement between the
County and the City (the "Agreement") is hereby approved in
substantially the form submitted to this meeting and the Mayor and
City Clerk are hereby authorized and directed to execute and deliver
said Agreement, for and in the name and on behalf of the City. The
City Manager is further authorized to enter into such additional
agreements with the County, execute such other documents and take
such other actions as he may deem necessary or appropriate to carry
out the purpose and intent of the Agreement.
Section 3. This Resolution shall take effect immediately upon
its adoption.
THE FOREGOING RESOLUTION is approved and adopted by the
City Council this 4th day of June, 1985.
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MAYOR OF THE CITY OF ANAHEIM
ATTEST:
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CITY CLERK OF THE CITY O F ANAHEIM
PW:ba
0320N
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that
the foregoing Resolution No. 85R-221 was introduced and adopted at a regular
meeting provided by law, of the City Council of the City of Anaheim held on -"**.
the 4th day of June, 1985, by the following vote of the members thereof:
AYES: COUNCIL MEMBERS: Kaywood, Bay, Pickler, Overholt and Roth
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
AND I FURTHER certify that the Mayor of the City of Anaheim signed said
Resolution No. 85R-221 on the 4th day of June, 1985.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 4th day of June, 1985.
CITY CLERK OF THE CITY OF ANAHEIM
(SEAL)
I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that
the foregoing is the original of Resolution No. 85R-221 duly passed and
adopted by the Anaheim City Council on June 4, 1985.
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CITY CLERK
PROJECTS
1' Developer- Gfeller Development Company
Project Address- 2925 &2947 W. Lincoln Ave .
2. Developer- American Diversified Savings Bank
Project Address- 1301 S. Knott Ave.
Exhibit "A"