HomeMy WebLinkAboutReso 2011-129RESOLUTION NO. 2011-129
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA (1) APPROVING AN AMENDMENT TO THE
FISCAL YEAR 2011/2012 HUD ANNUAL ACTION PLAN TO
RE-ALLOCATE $205,379 OF HOME INVESTMENT
PARTNERSHIP PROGRAM FUNDS TO AN ELIGIBLE
PROJECT; (2) AUTHORIZING THE CITY MANAGER TO
ALLOCATE $205,379 IN HOME INVESTMENT
PARTNERSHIP FUNDS FOR USES PREVIOUSLY
APPROVED BY CITY COUNCIL AND; (3) AUTHORIZING
THE CITY MANAGER OR HIS DESIGNEE TO EXECUTE A
FOURTH AMENDMENT TO THE AGREEMENT BETWEEN
THE CITY AND COMMUNITY HOUSINGWORKS FOR THE
FIRST TIME HOMEBUYER ASSISTANCE PROGRAM
WHEREAS, on August 23, 2007, the City entered into an Agreement (as previously
amended) with Community HousingWorks for the management of a first time homebuyer down
payment and closing cost assistance program (hereinafter Agreement); and
WHEREAS, on November 25, 2008, Council approved amending the Fiscal Year
2008/2009 Annual Action Plan to allocate $452,936 of HOME Investment Partnership Funds for
first time homebuyer activities; and
WHEREAS, on Mazch 3, 2009, Council approved a Second Amendment to Community
HousingWorks First Time Homebuyer Agreement for underwriting services for a first time
homebuyer assistance program to include the use of $452,936 in HOME Investment Partnership
Funds subject to Council appropriation; and
WHEREAS, on November 9, 2010, the City Council of the City of Chula Vista
approved a Third Amendment to the Agreement between the City of Chula Vista and
Community HousingWorks for underwriting services for homebuyers wishing to acquire and
rehabilitate foreclosed properties using HOME Investment Partnership Funds, including an
appropriation of the aforementioned $452,936 in HOME Investment Partnership Funds; and
WHEREAS, the Catalog of Federal Domestic Assistance number for HOME funding is
14.239 and shall be communicated to all Contractors and included in all contracts and
subcontracts related to the use of HOME funds; and
WHEREAS, the City Council of the City of Chula Vista wishes to approve a Fourth
Amendment to the Agreement between the City of Chula Vista and Community HousingWorks
for underwriting services for homebuyers wishing to acquire and rehabilitate foreclosed
properties using HOME Investment Partnership Funds, including appropriating $205,379 in
HOME Investment Partnership Funds for eligible properties Citywide.
Resolution No. 2011-129
Page 2
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula
Vista hereby (1) amends the 2010/2011 Annual Action Plan and authorizes the submission of the
Amendment to the United States Department of Housing and Urban Development; (2) authorizes
a reallocation of $205,379 in HOME Investment Partnership Funds to an eligible project; and (3)
authorizes the City Manager or his designee to execute a Fourth Amendment to the Agreement
between the City of Chula Vista and Community HousingWorks for the First Time Homebuyer
Program for underwriting services.
Approved as to form by
t
azy alb rt E., AICP Gen R. ogins
Assistan City anager/Director of Cr Atto y
Development ervices
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 12th day of July 2011 by the following vote:
AYES: Councilmembers: Aguilaz, Bensoussan, Castaneda, Ramirez and Cox
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
Cheryl Cox, Ma r
ATTEST:
~~~ ~~~
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. 2011-129 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 12th day of July 2011.
Executed this 12th day of July 2011.
o~ e/l~b~
Donna R. Norris, CMC, City Clerk