HomeMy WebLinkAboutRES 08-06RESOLUTION NO.08-06
A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY
OF APACHE JUNCTION, ARIZONA, COMMITTING LOCAL FUNDS AS
LEVERAGE FOR FY 2008 STATE COMMUNITY DEVELOPMENT BLOCK
GRANT REGIONAL ACCOUNT ("CDBG RA") APPLICATION.
WHEREAS, the City of Apache Junction has adopted
Resolution Number 08-02 which authorizes submission of an
application(s) to the State of Arizona, Department of Housing
("ADOH") for Community Development Block Grant Regional
Account; and
WHEREAS, that application indicates that $94,000 will be
committed by the City of Apache Junction as leveraged funds,
in the form of cash or resources to be used to complete the
project; and
WHEREAS, the CDBG Program requires that all local
leveraged funds/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 BY THE MAYOR AND CITY
COUNCIL OF THE CITY OF APACHE JUNCTION, ARIZONA, AS
FOLLOWS:
I) The Mayor and City Council hereby commit $94,000 in funds
and resources to the CDBG Program, to be used for project
costs, contingent upon the receipt of the FY2008 CDBG RA
assistance.
2) That the Mayor and City Council of the City of Apache
Junction hereby find that this commitment is legally
binding based on the legal opinion of the City attorney,
and that such funds will be available for an audit at the
termination of the grant, if so required by ADOH.
RESOLUTION NO.08-06
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PASSED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE
CITY OF APACHE JUNCTION THIS 6TFIDAY OF MAY 2008.
SIGNED AND ATTESTED TO THIS 6TH DAY OF MAY 2008.
OMN INSALACO
fyor
ATTEST:
KATHLEEN CONNELLY
City Clerk
APPROVED AS TO FORM:
C ? 4 .4.30 .08
RICHARD J. STERN
City Attorney
RESOLUTION NO.08-06
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