Res 131-2005 9/20/2005RESOLUTION NO.
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 $172,827 from the Fiscal Year 2003 and Fiscal
Year 2004 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 20 day of September, 2005.
ATTEST:
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City Cklk
MAYOR