HomeMy WebLinkAboutRES 12-08RESOLUTION NO. 12-08
A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY
OF APACHE JUNCTION, ARIZONA, COMMITTING LOCAL FUNDS AS
LEVERAGE FOR FY 2012 COMMUNITY DEVELOPMENT BLOCK GRANT
("CDBG") AND STATE SPECIAL PROJECTS ("SSP") APPLICATION
(S).
WHEREAS, the City of Apache Junction has adopted
Resolution No. 11-49 which authorizes submission of an
application(s) to the State of Arizona, Department of Housing
("ADOH") for State Special Project Funding; and
WHEREAS, that application (s) indicates that $413,188.68
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:
1) The Mayor and City Council hereby commit $413,188.68 in
funds and resources to the FY11 CDBG and the FY10/11 SSP
Program, to be used for project costs, contingent upon the
receipt of the grant 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. 12-08
PAGE 1 OF 2
PASSED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE
CITY OF APACHE JUNCTION THIS 17TH DAY OF APRIL 2012.
SIGNED AND ATTESTED TO THIS 17TH DAY OF
ATTEST:
City Clerk
APPROVED AS TO FORM:
.cer--(2-1 Z3
RICHARD J. STERN
City Attorney
RESOLUTION NO. 12-08
PAGE 2 OF 2
APRIL 2012.
4106,
HN INSALACO
Mayor