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94-215 RESOLUTION NO. 94R-215 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE SUBMITTAL OF AH APPLICATION TO THE CALIFORNIA STATE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR FUNDING UNDER THE BUILDING EQUITY AND GROWTH IN NEIGHBORHOODS 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 Anaheim, California ("City"), a political subdivision of the State of California, wishes to apply for and receive an allocation of funds through the Building Equity and Growth in Neighborhoods Program (hereinafter referred to as "BEGIN"); and WHEREAS, the California Department of Housing and Community Development (hereinafter referred to as the "Department") has issued a Notice of Funding Availability for the BEGIN program and is authorized to approve funding allocations which will be made available directly through the U.S. Department of Housing and Urban Development (HUD) to be used for the purposes set forth in Title II of the Cranston-Gonzalez National Affordable Housing Act of 1990, the implementing regulations set forth in Title 24 of the Code of Federal Regulations, part 92, and Title 25 of the California Code of Regulations commencing with Section 8200; and WHEREAS, City wishes to submit an application to obtain from the Department an allocation of BEGIN funds; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim as follows: 1. The City of Anaheim shall submit to the Department an application to participate in the BEGIN program in response to the NOFA issued on July 26, 1994 which will request a funding allocation for the following activities: The City of Anaheim is applying for a total of $462,000 in BEGIN funds: $440,000 in program activity funds and $22,000 in administrative funds. The City proposes to provide downpayment assistance to a total of 22 units in the following new construction "for sale" developments: 11 units in the Jamboree Housing project and 11 units in the Kaufman and Broad "Heritage Place" project. Downpayment assistance of up to $20,000 per unit will be res.cry 3503\nha-15 08/18/94:4:~6 [eg:tj -1- provided to income-eligible buyers for a total of $440,000 in downpayment assistance; located in Anaheim, California. 2. If the application for funding is approved, the City of Anaheim hereby agrees to use the BEGIN funds for eligible activities in the manner presented in the application as approved by the Department and in accordance with the regulations cited above. It also may execute any and all other instruments necessary or required by the Department or HUD for participation in BEGIN. 3. The City of Anaheim authorizes the Mayor or the Community Development Director to execute in the name of the City of Anaheim, the application, the Standard Agreement, and all other documents required by the Department or HUD for participation in the BEGIN program, and any amendments thereto. THE FOREGOING RESOLUTIO~ is approved and adopted by the city Council of the City of Anaheim this ~3~~ , 1994. Y~OFOF~T MA HE CITY OF ~AHEIM CITY CLERK OF THE CITY OF ANAHEIM APPROVED AS TO FORM: '"IIY~HEIM res.cry 3503\aha-15 08/18/94:4:56 [eg:[j --2-- 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. 94R-215 was Introduced and adopted at a regular meeting provided by law, of the Anaheim City Council held on the 23rd day of August, 1994, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Feldhaus, Simpson, Pickler, Hunter, Daly NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said Resolution No. 94R-215 on the 24th day of August, .1994. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 24th day of August, 1994. CITY CLERK OF THE CiTY OF ANAHEIM (SEA,') I, LEONORA N. $OHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing I$ the original of Resolution No. 94R-21§ was duly passed and adopted by the City Council of the Oity of Anaheim on August 23, 1994. CITY CLERK OF THE CITY OF ANAHEIM