Resolution 2010-23
RESOLUTION NO. 2010-23
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GILROY HEREBY
AUTHORIZING THE SUBMITTAL OF AN APPLICATION TO THE CALIFORNIA
STATE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR
FUNDING UNDER THE BEGIN PROGRAM; THE EXECUTION OF A STANDARD
AGREEMENT IF SELECTED FOR SUCH FUNDING AND ANY AMENDMENTS
THERETO; AND ANY RELATED DOCUMENTS NECESSARY TO PARTICIPATE IN
THE BEGIN PROGRAM.
WHEREAS:
A. The City of Gilroy, a political subdivision of the State of California, wishes to apply for
and receive an allocation of funds through the BEGIN Program; and
B. 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 bv Chapter 14.5. Sections 50860 through 50866 of Part 2 of
Division 31 of the Health and Safety Code (the "statute"). 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 04/21/09; and
C. The City of Gilroy wishes to submit an application to obtain from HCD an allocation of
BEGIN Program funds in the amount of$ 1.372.800.
IT IS NOW THEREFORE RESOLVED THAT:
1. The City of Gilroy shall submit to HCD an application to participate in the BEGIN
Program in response to the NOFA issued on April 19. 2010 which will request a funding
allocation for the following activities:
Down payment assistance averaging $57,200 per home for twenty-four homes
targeted for low income homebuyers at Alexander Place phase of the Cannery project.
(Briefly describe the proposed activities, including dollar amount of each)
located in Alexander Place Project located on Lewis Street. Gunnaro Way and
Fortuna Place in Gilroy. California.
[Project location(s)]
2. If the application for funding is approved, the City of Gilroy hereby agrees to use the
BEGIN Program funds for eligible activities in the manner presented in the application as
approved by HCD and in accordance with program Guidelines cited above. It also may
RESOLUTION NO. 2010-23
execute any and all other instruments necessary or required by HCD for participation in
the BEGIN Program.
3. The city of Gilroy authorizes the City Administrator to execute in the name of the City of
Gilroy, 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 14th day of June, 2010, by the following vote:
AYES:
COUNCILMEMBERS:
ARELLANO, BRACCO, DILLON,
GARTMAN, TUCKER, WOODWARD and
PINHEIRO
NOES:
ABSENT:
COUNCILMEMBERS:
COUNCILMEMBERS:
NONE
NONE
APPROVED:
~-
Albert Pinheiro, Mayor
ATTEST:
RESOLUTION NO. 2010-23
I, SHA WNA FREELS, City Clerk of the City of Gilroy, do hereby certify that the
attached Resolution No. 2010-23 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 14th day of June, 2010, 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 15th day of June, 2010.
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S wna Freels, CMC
City Clerk of the City of Gilroy
(Seal)