Loading...
Res 081-96 6/18/1996RESOLUTION NO.G (() A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, AUTHORIZING THE CITY MANAGER TO EXECUTE A CONTRACT WITH HABITAT FOR HUMANITY OF WICHITA FALLS, INC.,AN ELIGIBLE COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO) AS DEFINED BY FEDERAL REGULATIONS GOVERNING THE HOME INVESTMENT PARTNERSHIP PROGRAM, FOR THE PURPOSE OF COMMITTING THE 15% SET-ASIDE OF $73,500 FROM THE 1994 FEDERAL FISCAL YEAR HOME FUNDING AUTHORIZATION TO HABITAT FOR HUMANITY IN ELIGIBLE HOUSING DEVELOPMENT ACTIVITIES; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS,The City of Wichita Falls acting as a Participating Jurisdiction under the HOME Investment Partnership Program grant must allocate 15%of its 1994 Federal Fiscal Year funding amount to a qualified Community Housing Development Organization (CHDO) ; and, WHEREAS, Habitat for Humanity of Wichita Falls, Inc. has been designated as a qualified CHDO eligible to receive HOME set-aside funding for use in approved housing development activities;and WHEREAS, Habitat for Humanity of Wichita Falls, Inc. has applied for fiscal year 1994 CHDO funding and has submitted plans for an eligible use for such funds. NOW,THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS,TEXAS THAT: SECTION 1. That the City Manager is authorized to execute a contract with Habitat for Humanity of Wichita Falls, Inc.; such contract describes the responsibilities of Habitat for Humanity of Wichita Falls, Inc. as a Community Housing Development Organization and awards $73,500 to Habitat for Humanity of Wichita Falls, Inc. from 1994 Fiscal Year HOME Investment Partnership Program Funds. SECTION 2. It is hereby officially found and determined that the meeting at which this resolution was passed was open to the public as required by law. PASSED AND APPROVED this the 1 8th day of uneJune,1996. MAY/0 R ATTEST: I:% _ ill a1II) u LERK