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<br />RESOLUTION NO. 96-118
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<br />WHEREAS, the City Council of the City of Paris did heretofore, on the 10th
<br />day of June, 1996, in Resolution No. 96-053, authorize an application to be made
<br />to the Texas Department of Housing and Community Affairs under the Texas Home
<br />Investment Partnership Program grant; and,
<br />
<br />WHEREAS, the Texas Department of Housing and Community Affairs has
<br />issued its Grant Award, entitled "Owner Occupied Housing Assistance" Contract
<br />No. 535035, for the period beginning October I, 1996, ending September 30, 1998,
<br />in the total amount of $300,000.00, with an additional $12,000.00 awarded to fund
<br />administrative expenses; with $37,500.00 to be provided by the City of Paris in the
<br />form of local matching funds, and $4,050.00 to be provided in the form of in-kind
<br />contribution for in-take services from the Community Council of Lamar County; and,
<br />
<br />WHEREAS, acceptance of the same is accomplished by the execution and
<br />return of the Owner Occupied Housing Assistance Contract No. 535035 by the close
<br />of business on December 23, 1996; and,
<br />
<br />WHEREAS, it is deemed to be in the best interests of the citizens of Paris
<br />that the City of Paris accept said Grant Award for participation in the Texas Home
<br />Investment Partnership Program in the City of Paris and that notice of availability
<br />of funds be published in the local newspaper; NOW, THEREl'ORE,
<br />
<br />BE IT RESOLVED BY THE CITY COUNCIL Ol' THE CITY OF
<br />PARIS, that the Owner Occupied Housing Assistance grant in the total amount of
<br />$300,000.00, with an additional $12,000.00 awarded to fund administrative
<br />expenses; with $37,500.00 to be provided by the City of Paris in the form of local
<br />matching funds, and $4.050.00 to be provided in the form of in-kind contribution for
<br />in-take services from the Community Council of Lamar County, be, and the same
<br />is hereby, accepted; and,
<br />
<br />BE IT FURTHER RESOLVED, that the City Manager of the City of Paris,
<br />Michael E. Malone, be, and he is hereby, authorized and directed to execute, on
<br />behalf of the City of Paris, the Owner Occupied Housing Assistance Contract No.
<br />535035 in the form of Exhibit A, attached hereto; and,
<br />
<br />BE IT FURTHER RESOLVED, that the City Clerk of the City of Paris,
<br />Mattie Cunningham, be, and she is hereby, directed to deliver to the Paris News a
<br />notice of availability of funds to be published on Friday, November 8, 1996, and
<br />Sunday, November 10, 1996.
<br />
<br />PASSED AND ADOPTED this 7th day of N~ 1996.
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<br />Eric S. Clifford, Mayor
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<br />ATTEST:
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<br />~~,~" '~m''''~~!Y\U
<br />Mattie Cunningham, City CI rk
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