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HomeMy WebLinkAbout85-124 - Resolutions - (not approved)NO ACTION TAKKN RESOLUTION NO. 85-124 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, ADOPTING A MULTIFAMILY RENTAL HOUSING FINANCE MORTGAGE PROGRAM IN COOPERATION WITH THE COUNTY OF SAN BERNARDINO WHEREAS, there is a shortage in the County of San Bernardino (the "County"), the City of Raneho Cueamonga (the "City"), of decent, safe, and sanitary rental housing, particularly of housing affordable by persons in the lower end of the income spectrum, and a consequent need to encourage the construction of rental housing affordable by such persons and otherwise to increase the rental housing supply in the County and in the City for such persons; and WHEREAS, the Board of Supervisors of the County has declared its intent to adopt a multifamily rental housing mortgage finance program (the "Program") pursuant to Chapter 7 of Part 5 of Division 31 of the Health and Safety Code of the State of California (the "Act") and to issue bonds pursuant to the Act to provide funds for the Program; and WHEREAS, this Council finds and determines that it is in the best interest of the City to adopt the Program and to consent to the operation of the Program by the County within the geographic boundaries of the City pursuant to the Act; and WHEREAS, this Council finds and determines that the Program complies with the Land Use Element and the Housing Element of the City's General Plan. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga does hereby resolve as follows: 1. This City Council does hereby find and declare that the above recitals are true and correct. 2. The City hereby adopts the Program for the purpose of increasing the rental housing supply in the County and in the City and consents to the operation of the Program by the County with respect to project site (as defined in the Cooperative Agreement heroinafter mentioned) located within the geographical boundaries of the City. 3. The Cooperative Agreement, dated as of April 1, 1985, between the County and the City (the "Agreement"), a copy of which is attached hereto as Ex/libit A, is hereby approved, and the Mayor and City Clerk are hereby authorized and directed to execute and deliver said Agreement, for and in the name of and on behalf of the City. The Mayor, with the advice and consent of the City Attorney, is authorized to approve any additions to or changes in the form of said Agreement which they deem necessary or advisable, their approval of such additions or changes to be conclusively evidenced by the execution by the Mayor of said AgTeement as so added to or changed. The ~yor, with the advice and consent of the City Attorney, is further authorized to enter into such additional agreements with the County, execute such other documents and take such other actions as they may deem necessary or appropriate to carry out the purpose and intent of the Agreement or to cooperate in the implementation of the Program. This resolution shall take effect from and after its adoption. Resolution No. 85-124 Page 2 NO ACTION TAKEN this 17th day of April, 1985. AYES: NOES: ABSENT: ATTEST: Jon D. Mikels, Mayor Beverly A. Authelet, City Clerk I, BEVERLY A. AUTHELET, CITY CLERK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga, at a regular meeting of said City Council held on the l?th day of April, 1985. Executed this 18th day of April, 1985 at Raneho Cucamonga, California. Beverly A. Authelet, City Clerk