HomeMy WebLinkAboutReso 2008-158
RESOLUTION NO. 2008-158
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING THE FIRST AMENDMENT TO
THE AGREEMENT BETWEEN THE CITY AND
COMMUNITY HOUSINGWORKS TO ADD THE OPERATION
OF A PILOT HOMEOWNERS HIP PROGRAM FOR REAL
ESTATE OWNED PROPERTIES TO THE SCOPE OF WORK,
AUTHORIZING THE CITY MANAGER TO EXECUTE THE
FIRST AMENDMENT, ESTABLISHING A NEW NON-CIP
PROJECT, AND APPROPRIATING $300,000 OF A V AILABLE
HOME INVESTMENT PARTNERSHIP FUNDS TO THAT
PROJECT
WHEREAS, the City and Community HousingWorks entered into to an agreement, dated
August 23, 2007, for Management of a First Time Homebuyer Downpayment and Closing Cost
Assistance Program (the Agreement); and
WHEREAS, pursuant to the Agreement, Community HousingWorks agreed to administer
the City's HOME Investment Partnership Program funds loan program in accordance with
HOME requirements including, but not limited to, underwriting loans for first-time homebuyers,
servicing the loans, and providing monitoring and reporting services; and
WHEREAS, Community HousingWorks offers an innovative pilot program that would
provide an incentive for low-income families wishing to enter the homeownership market to
purchase abandoned foreclosed property; and
WHEREAS, staff wishes to add this pilot program to its scope of work under the
Agreement; and
WHEREAS, the City has HOME Investment Partnership funds set aside for affordable
housing available to fund this program.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista
as follows:
I. That it approves the First Amendment to the agreement between the City and
Community HousingWorks to add the operation of a pilot homeownership program
for Real Estate Owned properties to the Scope of Work.
2. That it authorizes the City Manager to execute the First Amendment.
3. That it establishes a new non-CIP project and appropriates $300,000 of available
HOME Investment Partnership Funds to that project.
Resolution No. 2008-158
Page 2
Presented by
Approved as to form by
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City Manager
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Bart C. Miesfeld
Interim City Attorney
PASSED, APPROVED, and ADOPTED by the City Council of the City ofChula Vista,
California, this 17th day of June 2008 by the following vote:
AYES:
Councilmembers:
Castaneda, McCann, Ramirez, Rindone, and Cox
NAYS:
Councilmembers:
None
ABSENT:
Councilmembers:
None
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ATTEST:
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Donna R. Norfis, CMC, Interim City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Donna R. Norris, Interim City Clerk of Chula Vista, California, do hereby certify that the
foregoing Resolution No. 2008-158 was duly passed, approved, and adopted by the City Council
at a regular meeting of the Chula Vista City Council held on the 17th day of June 2008.
Executed this 17th day of June 2008.
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Donna R. Norris, CMC, Interim City Clerk