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HomeMy WebLinkAboutRES 85-35RESOLUTION NO.85-35 A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,COMMITTING LOCAL FUNDS AS LEVERAGE FOR THE 1985 COMMUNITY DEVELOPMENT BLOCK GRANT APPLICATION. WHEREAS,the City of Apache Junction,Arizona,has adopted Resolution Number 85-32 which authorizes submission to the State of Arizona, Office of Economic Planning and Development for Community Development Block Grant (CDBG)funds for the 1985 program year;and WHEREAS,the application indicates that $22,522.00 will be committed by the City of Apache Junction,Arizona,as leveraged funds;and WHEREAS,the OEPAD 1985 Program Summary requires that all local leveraged funds or resources be committed in 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 $22,522.00 to the 1985 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 on the legal opinion of the City's 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 9TH DAY OF SEPTEMBER ,19 85 . ATTEST: Kathleen Connelly City Clerk APPROVED AS TO FORM: Norman S.Hill Mayor