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HomeMy WebLinkAboutRES 88-24RESOLUTION 88-24 A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,COMMITTING LOCAL FUNDS AS LEVERAGE FOR THE 1988 COMMUNITY DEVELOPMENT BLOCK GRANT APPLICATION WHEREAS,the City of Apache Junction,Arizona,has adopted Resolution Number 88-21 which authorizes submission of an application to the State of Arizona,Department of Commerce for Community Development Block Grant (CDBG)funds for the 1988 program year,and WHEREAS,that application indicates that $will be committed by the City of Apache Junction,Arizona,as leveraged funds,and WHEREAS,the Commerce 1988 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 appli- cant'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 !42,000to the 1988 CDBG program,and that the Mayor and City Council of the City of Apache Junction, Arizona,hereby state that this commitment is legally binding based on 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 19TH DAY OF JULY ,1988. SIGNED AND ATTESTED TO THIS 21ST DAY OF JULY, Kathleen Connelly City Clerk PROVED AS TO FORM: Da vird F Al exrn City' Attorney Norman S.Hill Mayor •