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<br />RESOLUTION NO. 2000-129 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, <br />PARIS, TEXAS, APPROVING AND AUTHORIZING AN OWNER <br />OCCUPIED ASSISTANCE CONTRACT BETWEEN THE CITY OF PARIS <br />AND THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY <br />AFFAIRS AS PART OF THE TEXAS HOME INVESTMENT <br />PARTNERSHIP PROGRAM FOR GRANT FUNDS UNDER THE OWNER <br />OCCUPIED ASSISTANCE PROGRAM; AUTHORIZING THE MAYOR TO <br />EXECUTE THE AFORESAID AGREEMENT AND ALL OTHER <br />DOCUMENTS NECESSARY TO THE FORMAL APPROVAL OF SAID <br />GRANT; PROVIDING FOR MATCHING FUNDS AND MATCHING IN <br />KIND SERVICES; PROVIDING FOR INTERIM FUNDING; MAKING <br />OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; <br />AND DECLARING AN EFFECTIVE DATE. <br /> <br />WHEREAS, the City Council of the City of Paris did heretofore, on the 24th day of <br />February, 2000, in Resolution No. 2000-017, authorize an application to be made to the Texas <br />Department of Housing and Community Affairs for the Owner Occupied Assistance Fund Grant <br />under the Texas Horne Investment Partnership Program; and, <br /> <br />WHEREAS, the Texas Department of Housing and Community Affairs has issued its <br />Owner Occupied Housing Assistance Contract in connection with an Owner Occupied Assistance <br />Award entitled "Texas Department of Housing and Community Affairs Home Program Owner <br />Occupied Assistance Contract No. 530395" for the period beginning August 1,2000, and ending <br />October 31, 2001, in the total amount of $390,000.00; and, <br /> <br />WHEREAS, it is deemed to be in the best interests of the citizens of Paris that the City <br />of Paris accept said Agreement in connection with an Owner Occupied Assistance Program Award <br />for funds to carry out the reduction of loan fees and down payments for first time home buyers <br />in the City of Paris; NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, <br />TEXAS: <br /> <br />Section 1. <br />things approved. <br /> <br />That the findings set out in the preamble to this resolution are hereby in all <br /> <br />Section 2. That the Owner Occupied Assistance Fund Grant in the total amount of <br />$390,000.00 be, and the same is hereby, accepted to carry out the rehabilitation of owner- <br />occupied substandard single family housing units within the city limits of the City of Paris. <br /> <br />Section 3. That the Mayor of the City of Paris, be, and he is hereby, authorized and <br />directed to execute, on behalf of the City of Paris, the "Texas Department of Housing and <br />Community Affairs Home Program Owner Occupied Assistance Contract No. 530395" under the <br />