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2010-047 RES AUTHORIZING SUBMISSION OF HOME PROGRAM APPLICATION TO THE TX DEPT OF HOUSING AND COMMUNITY AFFAIRSRESOLUTION 2010-047 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, AUTHORIZING THE SUBMISSION OF A HOME PROGRAM APPLICATION TO THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS FOR HOME FUNDS; DESIGNATING THE AMOUNT OF MATCHING FUNDS AND CASH RESERVES; AUTHORIZING THE EXECUTIOIV OF A1VY AND ALL DOCUMENTS 1VECESSARY FOR ACCEPTANCE AND IMPLEMENTATION OF SAID GRANT UPO1V NOTICE THEREOF; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Paris desires to develop and maintain a viable urban community, which includes decent housing and a suitable living environment for the residents of Paris and specifically to provide owner-occupied housing assistance for low/moderate income families in the city of Paris; and, WHEREAS, certain substandard housing conditions exist which represent a health and safety threat to families residing in such structures, and the availability of HOME funds could provide those families with decent, safe, and affordable housing; and, WHEREAS, the City Council is desirous of processing an application to the Texas Department of Housing and Community Affairs (TDHCA) for a Homebuyer Assistance Program/Owner-Occupied Program Grant in the amount of $450,000.00, with the City of Paris providing a match of $54,086.63 from its General Fund as a cash contribution and/or in-kind services for properties assisted through this program; and, WHEREAS, it is in the best interests of the City of Paris to apply for funding under the Texas Department of Housing and Communiry Affairs, HOME/Owner-Occupied Program; and, WHEREAS, the City Council desires to authorize the Mayor, City Manager and other appropriate City staff to process all necessary documents and or application forms to apply for this grant program. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS: Section 1. That the findings set out in the preamble to this resolution are hereby in all things approved. Section 2. That the filing of an application to the Texas Department of Housing and Community Affairs (TDHCA) be, and the same is hereby, approved, for a Homebuyer Assistance Program/Owner-Occupied Program (HOME) Grant in the amount of $450,000.00 to carry out owner occupied housing reconstruction, rehabilitation, and project eligible soft costs for up to five (5) families and $17,307.00 for allowable administration/operating funds, with the City of Paris providing a match of $54,086.63 from its General Fund as a cash contribution and/or in-kind services for properties assisted through this program. Section 3. That the City of Paris does hereby agree to specify and utilize funds from the City's accounts in the amount of $120,000.00 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 Ciry of Paris does hereby agree to comply with all assurances in connection with the application and, if funded, the award. Section 5. 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 Engineering, Planning & Development be, and he 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 Engineering, Planning & 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 12t" day of April, 2010. ATTEST: nice Ellis, City Clerk APPROVED AS TO FORM: •l-~/ W. Kent McIlya ' Attorney