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Res 112-2001 9/18/2001RESOLUTION NO. \ ob - 2MI A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE A CONTRACT WITH HABITAT FOR HUMANITY OF WICHITA FALLS, INC. ACTING AS AN ELIGIBLE COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO) UNDER THE HOME INVESTMENT PARTNERSHIP PROGRAM; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, Habitat for Humanity of Wichita Falls, Inc. has met the federal regulatory criteria to qualify as a Community Housing Development Organization (CHDO); and WHEREAS, the City of Wichita Falls, acting as a Participating Jurisdiction under the HOME Investment Partnership Program, is required to allocate 15% of each year's funding authorizations to an eligible CHDO; and WHEREAS, Habitat for Humanity of Wichita Falls, Inc. has been previously approved and designated as a CHDO for the City of Wichita Falls and has submitted plans for using the CHDO set -aside funds in an affordable housing project. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The City Manager is authorized to execute a contract with Habitat for Humanity of Wichita Falls, Inc., acting as an approved Community Housing Development Organization, and awards $84,150 from the Fiscal year 1999 HOME Investment Partnership Program set - aside. 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 18th day of September, 2001. )u�� Z M A YOR ATTEST: . kwi City Clerk