Resolution - 8159RESOLUTION NO. 8159
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA,
CALIFORNIA AUTHORIZING THE SUBMITTAL OF AN APPLICATION, THE
EXECUTION OF A STANDARD AGREEMENT AND ANY AMENDMENTS THERETO,
AND ANY RELATED DOCUMENTS NECESSARY TO PARTICIPATE IN THE
STATE EARTHQUAKE REHABILITATION ASSISTANCE PROGRAMS AND SECURE
A COMMITMENT OF FUNDS FROM THE CALIFORNIA DEPARTMENT OF HOUSING
• AND COMMUNITY DEVELOPMENT, AND TO OPERATE PROGRAMS IN ACCORDANCE
WITH GUIDELINES ESTABLISHED AND AMENDED BY THE DEPARTMENT (HCD)
WHEREAS, the City of West Covina, hereinafter referred to
• as "CITY," a California municipality, organized and operated under
the Constitution and laws of the State of California, is eligible
to receive a commitment of funds and participate in the State Earthquake
Rehabilitation Assistance Program, hereinafter referred to as "SERA,"
and
WHEREAS, the California Department of Housing and Community
Development, hereinafter referred to as "DEPARTMENT," is authorized
to provide financial assistance for the purpose of rehabilitating
residential structures damaged or destroyed in the October 1, 1987
Los Angeles -Whittier Narrows earthquake and subsequent aftershocks;
and
WHEREAS, the City of West Covina wishes to obtain from the
DEPARTMENT a commitment of funds for the purpose of rehabilitating
residential structures damaged or destroyed in the October 1, 1987
Los Angeles -Whittier Narrows earthquake and subsequent aftershocks.
NOW, THEREFORE, the City Council of the City of West Covina
resolves as follows:
Section 1. The CITY shall submit to the DEPARTMENT an application
for participation in SERA and to request a commitment of funds under
the owner -occupant and the rental housing programs.
Section 2. If the application is approved, the'CITY is hereby
authorized to enter into a standard Agreement with the Department
for the purposes set forth in the loan application and approved by
the DEPARTMENT. It also may enter into other agreements, documents,
or instruments necessary or required by the DEPARTMENT for participation
in SERA.
Section 3. The CITY is further authorized to request amendments,
including increases in fund commitments up to amounts approved by
the DEPARTMENT and to execute any and all documents required by the
DEPARTMENT to evidence and secure these amendments.
Section 4. The CITY authorizes the Mayor as authorized officer
to execute in the name of the CITY, the standard Agreement and other
documents necessary or required by the DEPARTMENT for participation
in SERA, and any amendments thereto.
0
Section 5. The City Clerk shall certify to the adoption of
this Resolution.
•
ATTEST:
•
APPROVED AND ADOPTED this 22nd day of February, 1988.
City Cle k
0,
Mayor
I, HELENE M. MOONEY, hereby certify that the foregoing Resolution
was duly adopted by the City Council of the City of West Covina at
a regular meeting held on the 22nd day of February, 1988 by the following
vote of the Council:
AYES:
Councilmembers:
NOES:
Councilmembers:
ABSENT:
Councilmembers:
ABSTAIN:
Councilmembers:
APPROVED AS TO FORM:
,60-f; City Attorney
0
Tennant, Bacon, Manners, Chappell
None
Shearer
None
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