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HomeMy WebLinkAboutRES 84-44RESOLUTION NO.84-44 A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,COMMITTING LOCAL FUNDS AS LEVERAGE FOR THE 1984 COMMUNITY DEVELOPMENT BLOCK GRANT APPLICATION. WHEREAS,the City of Apache Junction,Arizona,has adopted Resolution No.84-42 which authorizes submission of an application to the State of Arizona,Office of Economic Planning and Development for Community Development Block Grant (CDBG)funds for the 1984 program year;and WHEREAS,that application indicates that $430,839 will be committed by the City of Apache Junction,Arizona,as leveraged funds;and WHEREAS,the OEPAD Program Summary requires that all local leveraged funds or resources be committed i n the form of a resolution by the governing body,and that such a commitment contain an opinion by the applicant's legal counsel that the leveraged funds represent a binding commitment legally enforceable under State laws. NOW,THEREFORE,BE IT RESOLVED,that the Mayor and City Council of the City of Apache Junction,Arizona,hereby commit $430,839 to the 1984 CDBG Program,and that the Mayor and City Council of the City of Apache Junction,Arizona,hereby state that this commitment i s legally binding based upon the legal opinion of the City Attorney,and such funds or resources will be subject to an audit at the termination of the grant. PASSED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,THIS 4TH DAY OF SEPTEMBER ,19 84 . ATTEST: Kathleen Connelly City Clerk APPROVED AS TO FORM: gavtd F,Alexandd City Attorney Wendell J.Clark Mayor