HomeMy WebLinkAboutRDA Res 87-1 1987-04-13
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RESOLUTION NO. ~~~"
THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH
HEREBY AUTHORIZES THE SUBMITTAL OF A LOAN APPLICATION,
NECESSARY TO PARTICIPATE IN THE MOBILEHOME PARK
ASSISTANCE PRDGRAM AND SECURE A COMMITMENT OF FUNDS
FROM THE CALIFORNIA DEPARTMENT OF HOUSING AND
COMMUNITY DEVELOPMENT
THE REDEVELOPMENT AGENCY OF THE CITY DF SEAL BEACH DOES HEREBY
RESOLVE:
WHEREAS, the Redevelopment Agency of the City of Seal Beach, a
California Redevelopment Agency organized and operated
under the Constitution and la~s of the State of
California, is eligible to receive a commitment of
funds and participate in the Mobllehome Park Assistance
Program (hereinafter referred to as "MPAP"); and
WHEREAS, the California Department of Housing and Community
Development (hereinafter referred to as the
"Department") is authorized to make loans for the
purpose of financing mobilehome park conversion costs
and to reduce the monthly housing costs for low-income
residents to an affordable level; and
WHEREAS, the Redevelopment Agency of the City of Seal Beach
wishes to obtain from the Department, a commitment of
funds for the purpose of financing the monthly housing
costs for low-income residents to an affordable level;
and
WHEREAS, the participation of the Redevelopment Agency and of
the City of Seal Beach imposes no requirement for
financial participation by either the Agency or the
City; and
WHEREAS, it is anticipated that the Redevelopment Agency shall
remain as co-applicant, but reserve its right to
transfer co-application to another qualified local
public entity.
THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH HEREBY DOES
RESOLVE THAT:
WHEREAS, the Redevelopment Agency of the City of Seal Beach as a
co-applicant with Seal Beach Trailer Par Inc., shall
submit to the Department an application for
participation in MPAP and to request a commitment of
funds for a mobilehome park conversion project located
at 313 Welcome Lane, Seal Beach, CA 90740; and
the Redevelopment Agency of the City of Seal Beach is
further authorized to request amendments, including
increases in fund commitments up to amounts approved by
the Department; and
WHEREAS,
WHEREAS,
.the Redevelopment Agency of the
authorizes its Director to execute
in the Agency's name; and
WHEREAS, the Redevelopment Agency reserves the right to review
and amend any documents related to the proposed
mobilehome park conversion in accordance with the
ordinances and policies of the City of Seal Beach.
City of Seal Beach
the loan application
Resolution No. 87-/
NOW, THEREFORE, BE IT RESOLVED that the Redevelopment Agency of
the City of Seal Beach does hereby authorize the submittal of a
loan application, necessary to participate in the Mobilehome Park
Assistance Program and secure a commitment of funds from the
California Department of Housing and Community Development.
AYES:
NOES:
ABSENT:
ABSTAIN:
ADOPTED by the Redeve 1 opmen t Agen c~ llJL: th e
a meeting thereof held on the cvL
, 19B7, by the following vote:
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PASSED,
City of
day of
~t~~.)
Chairman
STATE OF CALIFORNIA)
COUNTY OF ORANGE ) SS
CITY OF SEAL BEACH )
I, Joanne M. Yeo, City Clerk of the City of Seal Beach,
California, and Secretary to the Seal Beach Redevelopment
Agency, do hereby certify that the fore~}nl :esolution is I
an original copy of Resolution Number - on file in
the office of the City Clerk, passed, approve d adopted
by the Seal Beach RedevelOpme~Agency at a ar adjourned
meeti ng thereof hel d on the 0I'f:!- day of, " 1987.
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