HomeMy WebLinkAbout6899_CCv0001.pdf RESOLUTION NO. 6899
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS
AUTHORIZING THE TRANSFER OF TWO HUNDRED THOUSAND
DOLLARS ($200,000) FROM THE AFFORDABILITY GAP ASSISTANCE
CATEGORY TO THE ACQUISITION, REHABILITA'T'ION AND RESALE
CATEGORY OF THE CITY'S NEIGHBORHOOD STABILIZATION
PROGRAM PURSUANT TO THE REQUEST OF THE COUNTY OF SAN
BERNARDINO
WHEREAS, the City of Redlands has executed an agreement with the County of San
Bernardino ("County") for the administration of funds under the State of California's
Neighborhood Stabilization Program ("NSP"); and
WHEREAS,the City has previously instructed the County to allocate NSP funds into
specific categories; and
WHEREAS, the County has requested that the City authorize a transfer of Two Hundred
Thousand Dollars ($200,000) from the Affordability Gap Assistance Category to the
Acquisition, Rehabilitation and Resale Category to help the County meet its obligation to
commit and expend NSP funds in a timely manner; and
WHEREAS,the City wishes to accommodate the County's request so that NSP funds are
spent expeditiously to address the rising number of foreclosures in the Redlands community;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redlands as
follows:
Section 1. The City Council hereby authorizes the transfer of two hundred thousand
dollars ($200,000) from the Affordability Crap Assistance Category to the Acquisition,
Rehabilitation and Resale Category of the City's Neighborhood Stabilization Program Pursuant
to the Request of the County of San Bernardino.
Section 2. Following adoption of this Resolution, the City Clerk shall send a certified
copy of this Resolution to the Director of the County of San Bernardino Department of
Community Development and Housing.
Section 3. This Resolution shall take effect upon the date of its adoption.
Section 4. The City Clerk shall certify to the adoption of this Resolution
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ADOPTED, SIGNED AND APPROVED this 3rd day of November, 2009.
Jo arrison, ayor
ATTEST:
Lo Poyzer, ' " erk
1, Lorrie Poyzer, City Clerk of the City of Redlands, hereby certify that the foregoing Resolution
No. 6899 was duly adopted by the City Council, at a regular meeting thereof, held on the 3rd day
of November, 2009, by the following vote:
AYES: Councilmembers Gilbreath,Gallagher, Aguilar, Bean; Mayor Harrison
NOES: None
ABSENT: None
ABSTAIN: None
City Clerk, City o d ds
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