Res 072-95 5/16/1995RESOLUTION NO. j J _.0
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA
FALLS, TEXAS, AUTHORIZING THE CITY MANAGER TO EXECUTE
A CONTRACT WITH JERUSALEM COMMUNITY DEVELOPMENT
CORPORATION, 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 $55,350 FROM THE 1993 FEDERAL FISCAL
YEAR HOME FUNDING AUTHORIZATION TO JERUSALEM
COMMUNITY DEVELOPMENT CORPORATION FOR USE 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
Parnership Program grant must allocate 15% of its 1993 Federal Fiscal Year funding amount to a qualified
Community Housing Development Organization (CHDO); and
WHEREAS, Jerusalem Community Development Corporation has been designated as a qualifed CHDO
eligible to receive HOME set -aside funding for use in approved housing development activities; and
WHEREAS, Jerusalem Community Development Corporation has applied for fiscal year 1993 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:
SECTION 1. That the City Manager is authorized to execute a contract with Jerusalem Community
Development Corporation (JCDC); such contract describes the responsibilities of JCDC as a Community Housing
Development Organization and awards $55,350 to JCDC from 1993 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 16th day of May , 1994.
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