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HomeMy WebLinkAbout3918_CCv0001.pdf RESOLUTION NO. 3918 A RESOLUTION ADOPTING A MULTI-FAMILY RENTAL HOUSING FINANCE PROGRAM IN COOPERATION WITH THE COUNTY OF SAN BERNARDINO AND AUTHORIZING THE EXECUTION OF A COOPERATIVE AGREEMENT WITH THE COUNTY OF SAN BERNARDINO WHEREAS, there is a shortage in the County of San Bernardino (the "County") and the City of Redlands (the "City") of decent, safe and sanitary rental housing, particularly of housing affordable to 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; WHEREAS, the County has adopted a multi-family rental housing 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 has issued its Multi-Family Rental Housing Revenue Bonds, Issue A of 1983 (Redlands Federal Savings and Loan Association Certificate of Deposit Program) pursuant to the Act to provide funds for the Program; WHEREAS, this City 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 City Council finds and determines that the Program complies with the land use element and housing element of the City' s General Plan; NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Redlands, 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 in- creasing 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 all multi-family rental housing located within the geographical boundaries of the City. 3 . The cooperative agreement between the County and the City (the "Agreement") , in substantially the form presented to this meeting, is hereby approved, and the proper officers of the City are hereby authorized and directed to execute and deliver said Agreement in substantially said form, for and in the name and on behalf of the City, and to approve any additions to or changes in the form of said Agreement submitted to this meeting which they deem advisable, their approval of such additions or changes to be conclusively evidenced by their execution of said Agreement as so added to or changed. The proper officers of the City are 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. 4 . This Resolution shall take effect from and after its adoption. ADOPTED, SIGNED AND APPROVED this 6th day of September, 1983 , by the following vote: AYES: Councilmembers DeMirjyn, Gorman, Johnson; Mayor Roth NOES: None ABSENT: Councilman Martinez Mayor; of the tity o Redlands ATTEST: Cit Clerk Resolution No. 3918 - Page two -