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HomeMy WebLinkAboutReso 2012-003RESOLUTION NO. 2012-003 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AN AMENDMENT TO THE FISCAL YEAR 2008/2009 ANNUAL ACTION PLAN OF THE NEIGHBORHOOD STABILIZATION PROGRAM (NSP) FUNDS TO ALLOCATED NSP FUNDS TO ELIGIBLE USES PREVIOUSLY APPROVED BY CITY COUNCIL AND AUTHORIZATION FOR CITY MANAGER TO PERFORM NECESSARY ACTS TO EXECUTE SAID PLAN AMENDMENT WHEREAS, on May 6, 2008, pursuant to Resolution No. 2008-121, the City Council approved the Fiscal Year 2008/2009 Annual Action Plan for the Community Development Block Grant (CDBG), the HOME Investment Partnership (HOME), and the Emergency Shelter Grant (ESG) Federal Grant Programs; and WHEREAS, in September 2008, the United States Department of Housing and Urban Development (HUD) notified the City that the City is eligible to receive approximately $2.8 million in one-time CDBG funds through the new Neighborhood Stabilization Program (NSP) in addition to its annual CDBG entitlement; and WHEREAS, on November 25, 2008, Council approved the submittal of an amendment of the Fiscal Year 2008/2009 Action Plan, HUD approved the amendment on January 13, 2009, and on March 24, 2009 Council appropriated $2,830,072 in CDBG NSP funds consistent with the approved plan; and WHEREAS, on March 23, 2010, Council authorized The City Manager to reallocate unobligated NSP funds with existing non-profit NSP contractors/developers; and WHEREAS, due to an update to the NSP regulations, Council action is necessary to ensure that the City's Neighborhood Stabilization program meets the recently updated program requirements; and WHEREAS, this 2008-2009 Annual Action Plan Amendment will authorize the use of NSP program income funds for administrative activities (up to 10%) and to meet the updated program requirement to use no less than twenty-five percent of program income received to house individuals or families whose income does not exceed 50 percent of the Area Median Income. NOW, THEREFORE, BE IT RESOLVED by the City Council of Chula Vista that it amends the Fiscal Year 2008/2009 Annual Action Plan for Neighborhood Stabilization Plan (NSP) funds to allocate program income funds for administrative costs and rental activities in order to meet recently issued HUD guidance and authorizing the City Manager to perform necessary actions to execute said amendment, including to reallocate NSP funds and amend existing agreements as necessary. Resolution No. 2012-003 Page 2 Approved as to form by Gary Hal Assistant Director Services PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 24th day of January 2012 by the following vote: AYES: Councilmembers: Aguilar, Bensoussan Castaneda, Ramirez and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None Cheryl Cox, ayq ATTEST: /t,~/~,ccn. 1r ~/YO,~4e% Donna R. Norris, CMC, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2012-003 was duly passed, approved, and adopted by the City Council at a regulaz meeting of the Chula Vista City Council held on the 24th day of January 2012. Executed this 24th day of January 2012. /~ /~ c/~oi4~.~ Donna R. Norris, CMC, City Clerk Presented by