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HomeMy WebLinkAboutRES 15-02RESOLUTION NO. 15-02 A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION, ARIZONA, COMMITTING LOCAL FUNDS AS LEVERAGE FOR FY 2014 STATE SPECIAL PROJECTS ("SSP") APPLICATION (S). WHEREAS, the City of Apache Junction has adopted Resolution No. 13-36 which authorizes submission of an application(s) to the State of Arizona Department of Housing ("ADOH") for SSP Funding; and WHEREAS, that application (s) indicates that $30,000 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 law. 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 $30,000 in funds and resources to the FY13 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. 15-02 PAGE 1 OF 2 PASSED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION THIS A O -II/DAY OF SIGNED AND ATTESTED TO THIS c::?•0111 DAY OF ATTEST: KATHLEEN CONNELLY City Clerk APPROVED AS TO FORM: 12-31.14 RICHARD J. STERN City Attorney RESOLUTION NO. 15-02 PAGE 2 OF 2 N S. INSALACO yor 2015. 2015.