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HomeMy WebLinkAboutReso 2009-056RESOLUTION N0. 2009-056 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING THE CITY MANAGER TO EXECUTE THE FUNDING APPROVAL AGREEMENT WITH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AND OTHER RELATED DOCUMENTS; AND AUTHORIZING APPROPRIATIONS OF $2,830,072 TO FUND THE AMENDED 2008/2009 ANNUAL ACTION PLAN FOR IMPLEMENTATION OF THE NEIGHBORHOOD STABILIZATION PROGRAM WHEREAS, the City of Chula Vista will receive $2,830,072 of grant funds under the Community Development Block Grant (CDBG) Neighborhood Stabilization Program (NSP); and WHEREAS, in January, 2009, the Department of Housing and Urban Development (HUD) approved the City's Amended 2008/2009 Annual Action Plan containing the proposed activities to be funded with NSP funds, including the First Time Homebuyer Downpayment and Closing Cost Assistance Program; and WHEREAS, the City is required to execute an agreement with HUD for use of these furids; and WHEREAS, the City desires to appropriate the funds received from the grant to fund the NSP Program. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista authorizes appropriations of $2,830,072 to fund the Amended 2008/2009 Annual Action Plan activities and authorizes the City Manager to execute an agreement with HUD and other necessary related documents. Presented by Approved as to form by s D. Sandoval Manager Resolution No. 2009-056 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 24th day of Mazch 2009 by the following vote: AYES: Councilmembers: Bensoussan, Castaneda, Ramirez, and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: McCann Cheryl Cox, yor ATTEST: -,ON,G~ .sue' ~ri~J~,~.-I, Donna R. Noms, 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. 2009-056 was duly passed, approved, and adopted by the City Counci] at a regulaz meeting of the Chula Vista City Council held on the 24th day of Mazch 2009. Executed this 24th day of Mazch 2009. /(~/l o Donna R. Noms, CMC, City Clerk