HomeMy WebLinkAboutCC Reso No 1981-80RESOLUTION N0. 81-80
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF LAKE ELSINORE SETTING FORTH CONTRACTUAL
SERVICES TO BE PROVIDED BY THE ELSINORE VALLEY
COMMUNITY DEVELOPMENT CORPORATION TO IMPLEMENT
GUIDELINES STIPULATED WITHIN THE DEFERRED PAY-
MENT REHABILITATION LOAN FUND PROGRAM FOR THE
REHABILITATION OF RESIDENTIAL PROPERTIES
WHEREAS, The Community Development Corporation is an Elsinore
Valley based non-profit organization,
WHEREAS, The Community Development Corporation was in-
corporated by the State of California with non-profit tax exempt
status, and
WHEREAS, The Community Development Corporation desires to
implement programs for the welfare of Lake Elsinore Valley.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY LAKE ELSINORE, CALIFORNIA, AS FOLLOWS:
The Community Development Corporation agrees to
administer the AB333 funds for the Deferred Payment
Rehabilitation Loan Program as provided by the Office
of Housing and Community Development of which the City
of Lake Elsinore is applicant of record.
The Community Development Corporation will also provide
the following services until expiration of program or
until such time as all program funding is drawn down:
1. Notify eligible applicants of availability of
funding.
2. Assist in completing application forms.
3. Provide guidance to complete required application
procedures for funding.
ADOPTED by the Mayor and City Council and signed by the
Mayor and attested to by the City Clerk this 27th day of
October, 1981.
_._---•
f r _
er H. Stewart, M yor
ATTEST:
I~Ranuel A. Re e, City Clerl-C
(SEAL),