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Resolution - 4998RESOLUTION NO. 4998 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA ESTABLISHING A DATE UPON WHICH THE CITY MAY BEGIN INCURRING COSTS RESULTING FROM THE PREPARATION OF AN APPLICATION FOR COMMUNITY BLOCK GRANT FUNDS AS AUTHORIZED IN THE HOUSING AND COMMUNITY DEVELOPMENT ACT OF 1974. The City Council of the City of West Covina does resolve as follows: WHEREAS, on December 23, 1974, the City of West Covina received the final regulations governing Title I of the Housing and Community Development Act of 1974; WHEREAS, said regulations became effective upon publication in the Federal Register, Volume 39, Number 220, published on Wednesday, November 13, 1974; WHEREAS, under sub -paragraph (c) of sub -part D, paragraph 570.302 of said regulations applicants by appropriate resolution of the local governing body and as of the date of such resolution, may begin incurring reimbursable costs for the planning and preparation of an application for funds available under Title I of the Housing and Community Development Act of 1974; WHEREAS, the City Council, on November 25, 1974, authorized City staff to undertake the necessary work required under the Act for citizen participation; WHEREAS, the City Council foresees considerable additional expenses being incurred through the conducting of the scheduled citizen participation meetings and the research necessary for the efficient conducting thereof; NOW, THEREFORE, This City Council does Hereby Find and Determine As Follows: I. That this resolution recognizes that reimbursement for such costs will be dependent upon the application for and the availability of funds to implement Title I of the Housing and Community Development Act of 1974; 2. The the City Council is aware that the submission of an application to the Department of Housing and Urban Development will be timely in accordance with paragraph 570.303 of the regulation; 3. That the City Council is cognizant of the fact that local funds expended pursuant to sub -paragraph (c) of paragraph 570.302 may be reimbursed from an advance of funds; 4. That as stated in said sub -paragraph all costs incurred pursuant to that section of the regulations may not exceed 10% of the applicant's entitle- ment amount and must be fully documented in the applicant's files; 5. That January 1, 1975, shall be established as the date upon which the City of West Covina shall begin incurring reimbursable expenses relevant to required activities under the Housing and Community Development Act of 1974. Adopted and approved this 13th day of January, 1975. Mayor ATTEST,• s. i / City Clerk I hereby certify that the foregoing resolution was duly adopted by the City Council of the City of West Covina at a regular meeting thereof held on the 13th day of January 1975, by the following vote of the Council: AYES: Councilmen: Browne, Miller, Chappell, Tice, Shearer. NOES: Councilmen: None ABSENT: Councilmen: None City Clerk APPROVED AS TO FORM: .er C ty Aitorne"yj��4' • - 2-