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1982-22 RESOLUTION NO. 82- 22 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE, CALIFORNIA, ADOPTING A HOUSING FINANCE REVENUE BOND PROGRAM IN COOPERATION WITH THE COUNTY OF SAN BERNARDINO AND AUTHORIZING THE MAYOR AND THE CITY CLERK TO EXECUTE FOR AND ON BEHALF OF THE CITY OF GRAND TERRACE A COOPERATIVE AGREEMENT BETWEEN THE COUNTY OF SAN BERNARDINO AND THE CITY OF GRAND TERRACE. WHEREAS, there is a shortage in the County of San Bernardino` (the:- ti "County" ) and in the City of Grand Terrace (the "City") of decent;.--'safe, 'and' ,.'_' ,`'* sanitary housing, particularly of housing affordable by persons in.,:the Tower 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 an ordinance declaring its intent to engage in a housing finance revenue bond program (the "Program") pursuant to Part 5 of Division 31 of the Health and Safety Code of the State of 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, THE CITY COUNCIL OF THE CITY OF GRAND TERRACE DOES RESOLVE AS FOLLOWS: Section 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. Section 2. The Cooperative Agreement (the "Agreement"), dated May 14. , 1982 . between the County and the City, a copy of which is attached hereto as Exhibit "A", is hereby approved, and the Mayor and the 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 or 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. ADOPTED this 13th day of May, 1982. -ATTEST-: "City^ erk of th City of rand Mayor of t e i ty Gra er e �Terr a~_and of the City uncil and of the Ci Coun­11 it thereof. ttiP:reof,: Approved as to form: 7* r7Attorney - 2 - STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) ss. CITY OF GRAND TERRACE ) I, MYRNA ERWAY, City Clerk of the City of Grand Terrace, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of said City at a regular meeting of the City Council held on the 13th day of May, 1982, and that it was so adopted by the following vote: AYES: Councilmen Rigley, Petta, Nix; Mayor Grant. NOES: None. ABSENT: Councilwoman Pfennighausen. r r- city le f the Cit of Gran and oft City Council thereo -. STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) ss. CITY OF GRAND TERRACE ) I, MYRNA ERWAY, City Clerk of the City of Grand Terrace, DO HEREBY CERTIFY that the above and foregoing is a full , true, and correct copy of Resolution No. 82-22 of said City, and that the same has not been amended or repealed. DATED: May 13th, 1982. City Cler of the City of .Grc;nd, r�,race: and of thby City Council thefreof. _r EXHIBIT "A" RESOLUTION N0: 82-22 Adopted May 13, 1982 SEE CONTRACT GTC #82-08 Cooperative Agreement between the County of San Bernardino and the City of Grand Terrace. Frc;•rm V TOtvY PETTA May 19, 1982 ROY l." NIX JIM RIGLEY k SETH ARMSTEAD _ Z City Manager MYRNA LINDAHL City Clerk �j EDWARD R.CLARK Finance d Administrative Services Officer Ms. Pam Newcomb Office of Community Development San Bernardino,County 606 East Mill Street San Bernardino, CA 92415 Re: Housing Finance Revenue Bond Program Agreement Enclosed is a certified copy of City of Grand Terrace Resolution No. 82-22 adopted May 13, 1982, and four executed copies of referenced Agreement. Please return a fully executed copy for our records. Sincerely Myrna Erway City Clerk City of Grand Terrace ME:ac I �L7c r ;C •�: City ,. -n;-g�,•r — C; C: r. — ,71- • E27-6621 ;:. 2 2t Fin?nce — E!dg. 'r i— F2S 7226