12 Motion to approve a resolution authorizing the submission of a HOME program application to TX Dept of Housing and Community Affairs

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Section 3. That the City of Paris does hereby agree to specify and utilize funds from the City's accounts in the amount of $187,500.00 to provide a Cash Reserve designated for the proposed TDHCA award, with these funds being used to pay program costs before receiving reimbursements from the State of Texas HOME Program. Section 4. That the City of Paris does hereby agree to comply with all assurances in connection with the application and, if funded, the award. Section S. That the City Manager be, and he is hereby, appointed as the Authorized Official of said project and is authorized and directed to execute, on behalf of the City of Paris, an application for said grant. Section 6. That the Director of Community Development be, and she is hereby, appointed as Project Director and is hereby authorized and directed to execute and deliver, on behalf of the City of Paris, all reports, communications, assurances, and documents necessary for the completion of said project. Section 7. That the Director of Finance be, and he is hereby, authorized and directed to serve as the Financial Officer for said project and to receive and distribute funds for the HOME program. Section 8. That the Mayor, City Manager, Director of Community Development, and the Finance Director be authorized and directed to execute, on behalf of the City of Paris, any and all documents necessary for acceptance and implementation of said grant upon notice of award thereof by the Texas Department of Housing and Community Affairs, under the terms and conditions and in the forms approved by the City Attorney, and to proceed with use of said funds upon receipt thereof for the purposes stated herein and in accordance with the grant conditions. Section 9. That this resolution shall be effective from and after its date of passage. PASSED AND APPROVED this 12th day of May, 2008. Jesse James Freelen, Mayor ATTEST: Janice Ellis, City Clerk APPROVED AS TO FORM: W. Kent McIlyar, City Attorney _ ( ! P3 I)