HomeMy WebLinkAbout3974_CCv0001.pdf RESOLUTION NO. 3974
A RESOLUTION ADOPTING A HOUSING FINANCE REVENUE BOND PROGRAM IN COOPERATION
WITH THE COUNTY OF SAN BERNARDINO AND AUTHORIZING THE MAYOR AND CITY CLERIC TO
EXECUTE FOR AND ON BEHALF OF THE CITY A COOPERATIVE AGREEMENT BETWEEN THE COUNTY
OF SAN BERNARDINO AND THE CITY OF REDLANDS
WHEREAS, there is a shortage in the County of San Bernardino (the
"County") and in the City of Redlands I (the
"City" ) of decent, safe and sanitary housing, particularly of housing
affordable by persons in the lower end of the purchasing spectrum, and a
consequent need to encourage the construction ..of homes, affordable by such
persons and otherwise to increase the housing supply in the County and in the
City for such persons; and
WHEREAS, the Board of Supervisors of the County has adopted Ordinance No.
2496 declaring its intent to engage in a housing finance revenue bond program
(the "Program" ) pursuant to Chapters 1-5 of Part 5 of Division 31 of the Health
and Safety Code of the State 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.
NOW, THEREFORE, BE IT RESOLVED, by the Council of the City of
Redlands , as follow:
1. The City hereby adopts the Program for the purpose of increasing the
housing supply in the County and in the City and consents to the operation of
the Program by the County with respect to all property located within the
geographical boundaries of the City.
2. The cooperative agreement, dated as of June 19, 1984, between the
County and the City (the "Agreement" ) , a copy of which is attached, 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 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
Agreement as so added to or changed. The Mayor, 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.
Passed and adopted by the 'City Council of the city Of
Redlands State of California, at
its eguiar Meeting held on the 19th day of June 1984, by
the following vote of the Council :
Ayes: Councilmembers Johnson, DeMirjyn, Larsen;
Mayor Beswick
Noes: None
Absent: Councilman Martinez
Mayor
ATTEST:
Ci�y Clerk 107
[SEAL]
5/23/85tj