Resolution 2007-79
RESOLUTION NO. 2007-79
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GILROY
AUTHORIZING THE CITY ADMINISTRATOR TO SUBMIT AN
APPLICATION TO THE CALIFORNIA STATE DEPARTMENT OF
HOUSING AND COMMUNITY DEVELOPMENT FOR FUNDING
UNDER THE "BEGIN" PROGRAM AND TO EXECUTE ALL
DOCUMENTS AND MAKE SUCH BUDGET AMENDMENTS AS
NECESSARY TO PARTICIPATE IN SUCH PROGRAM
WHEREAS, the City of Gilroy wishes to apply for and receive an allocation of funds through the
Building Equity and Growth in Neighborhoods ("BEGIN") program, as more fully discussed in
the related staff memorandum, dated October 5, 2007; and
WHEREAS, the California Department of Housing and Community Development (hereinafter
referred to as "HCD") has issued a Notice of Funding Availability ("NOFA") for the BEGIN
program established by Chapter 14.5, Sections 50860 through 50866 of Part 2 of Division 31 of
the Health and Safety Code (the "statute"); and
WHEREAS, pursuant to the statute, HCD is authorized to approve funding allocations utilizing
monies made available by the State Legislature to the BEGIN program, subject to the terms and
conditions of the statute and the BEGIN Program Guidelines adopted as amended by HCD on
OS/21/07; and
WHEREAS, the City of Gilroy wishes to submit an application to obtain from HCD an
allocation of BEGIN funds for the Alexander Place Project located at 211 Lewis Street in Gilroy,
California in the amount of$510,000; and
WHEREAS, the City of Gilroy additionally wishes to submit an application to obtain from HCD
an allocation of BEGIN funds for the Mira Flores Project located at 9130-9160 Kern Avenue in
Gilroy, California in the amount of $1,500,000.
NOW THEREFORE, BE IT RESOLVED THAT:
1. The City Administrator is hereby authorized and directed to execute and submit an
application to HCD to participate in the BEGIN program in response to the NOF A issued on
June 21, 2007 which will request a funding allocation for down payment assistance in the
amount of $30,000 per household for seventeen (17) moderate income households in the
Alexander Place Development located at 211 Lewis Street in the City of Gilroy in Santa
Clara County, California; and
2. The City Administrator is hereby authorized and directed to execute and submit an
application to HCD to participate in the BEGIN program in response to the NOFA issued on
June 21, 2007 which application will request a funding allocation for down payment
assistance in the amount of $30,000 per household for twenty (20) low income households
IVPAPP1740043.2
100807-04706012
Resolution No. 2007-79
and thirty (30) moderate income households in the Mira Flores Development located at 9130-
91690 Kern Avenue in the City of Gilroy in Santa Clara County, California; and
3. In addition to the application, the City Administrator is hereby authorized to execute in the
name of the City of Gilroy (subject to review and approval by the City Attorney), the
application, the Standard Agreement, and all other documents required by HCD for
participation in the BEGIN program, and any amendments thereto.
PASSED AND ADOPTED this 15th day of October, 2007, by the following vote:
AYES: COUNCILMEMBERS:
ARELLANO, CORREA, GARTMAN,
VALIQUETTE, VELASCO and BRACCO
NOES: COUNCILMEMBERS:
NONE
ABSENT: COUNCILMEMBERS:
PINHEIRO
APPROVE~:______
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IVPAPP1740043.2
100807-04706012
Resolution No. 2007-79
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I, SHA WNA FREELS, City Clerk of the City of Gilroy, do hereby certify that the
attached Resolution No. 2007-79 is an original resolution, or true and correct copy of a city
resolution, duly adopted by the Council of the City of Gilroy at a regular meeting of said Council
held on the 15th day of October, 2007, 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 23rd day of October, 2007.
(Seal)