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HomeMy WebLinkAboutCC Res 3780 1988-05-02 I I I RESOLUTION NUMBER ~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH AUTHORIZING THE SUBMITTAL OF A LOAN APPLICATION, NECESSARY TO PARTICIPATE IN THE MOBILE HOME PARK ASSISTANCE PROGRAM AND SECURE A COMMITMENT OF FUNDS FROM THE CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT THE CITY OF SEAL BEACH DOES HEREBY RESOLVE: WHEREAS, the City of Seal Beach, a city organized and operated under the Constitution and laws of the State of Californ~a,' is eligible to receive a commitment of funds and participate in the Mobile Home Park Assistance Program (hereinafter referred to as "MPAP"): and WHEREAS, the California Department of Housing and Community Development ~hereinafter referred to as the "Department") ~s authorized to make loans for the purpose of financing mobile home park conversion costs and to reduce the monthly housing costs for low-income residents to an affordable level: and WHEREAS, 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 City of Seal Beach imposes no requirement for financial participation by the City; and THE CITY OF SEAL BEACH HEREBY DOES RESOLVE THAT: WHEREAS, the City of Seal Beach and the county of Orange, as a joint co-applicant with Seal Beach Trailer Park, Inc" shall submit to the Department an application for participation in MPAP and to request a commitment of funds for a mobile home park conversion project located at 313 Welcome Lane, Seal Beach, CA 90740; and WHEREAS, 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, the City of Seal Beach authorizes its Director to execute the loan application in the Agency's name: and WHEREAS, the City of Seal Beach reserves the right to review and amend any documents related to the proposed mobile home park conversion in accordance with the ordinances and policies of the City of Seal Beach. NOW, THEREFORE, BE IT RESOLVED that the City of Seal Beach does hereby authorize the City Manager to execute in the name of the Ci ty of Seal Beach, the submittal of a loan application, the standard agreement, and other documents, necessary to participate Resolution NIInber ~ AYES: PASSED, APPROVED AND ADOPT~~ meeting thereof held on the following vote: Seal Beach at a 41988, by the Council Members NOES: Council Members ABSENT: Council Members ABSTAIN: Council Members ~~ i-.:t4fh'.J Mayor STATE OF CALIFORNIA ] COUNTY OF ORANGE ] SS CITY OF SEAL BEACH ] I, Joanne M. Yeo, city Clerk of the city of Seal Beach, California, do hereby certify that the foregoing resolution is an original copy of Resolution No. 3780 on file in the Office of the ci ty Cler , passed, approved and adopted by the ci ty Of~l Beach at gul r adjourned meeting thereof held on the ~ day of , 1988. I I I