Resolution 1984-55
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RESOLUTION NO. 84 - 55
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GILROY AFFIRMING THE
CITY'S CONTINUED PARTICIPATION IN THE SANTA CLARA COUNTY HO}lli MORTGAGE
FINANCE PROGRAM.
WHEREAS, the City of Gilroy (the "City") has heretofore approved
and executed a cooperative agreement (the "Cooperative Agreement") with
the County of Santa Clara (the "County") pursuant to which the City and
the County have agreed to cooperate in the implementation of the Santa
Clara County Home Mortgage Finance Program (the "Program") and
WHEREAS, it is presently expected that the County will authorize,
sell and issue a third issue of mortgage revenue bonds to provide addi-
tional financing for the Program; and
WHEREAS, the City and the County wish to continue to cooperate
in the implementation of the Program.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF GILROY DOES
HEREBY RESOLVE that the Cooperative Agreement shall remain in full
force and effect with respect to mortgage revenue bonds which may be
issued by the County during calendar year 198LI.
PASSED AND ADOPTED this 2nd day of July, 1984 by the following
vote:
ABSENT:
COUNCIL MEMBERS: ALBERT, KLOECKER, llliSSALLEM, PATE,
VALDEZ and HUGHAN.
COUNCIL l1EHBERS: None
COUNCIL MEMBERS: GAGE
AYES:
NOES:
APPROVED:
ATTEST:
yi~~ef>~9 ~
RESOLUTION NO. 84 - 55
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hereby certify that the attached Resolution No.
I, SUSANNE Eo STEINMETZ, City Clerk of the City of Gilroy, do
84-55
is an
original resolution, duly adopted by the Council of the City of
Gilroy at a regular meeting of said Council held on the 2nd
day of
, July
, 19 ~, at which meeting a quorum was
present.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
Official Seal of the City of Gilroy this 3rd
19 ~o
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day of July
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