HomeMy WebLinkAboutCDC/2009-38
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RESOLUTION NO. CDC/2009-38
RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF
THE CITY OF SAN BERNARDINO ACCEPTING THE DELEGATION OF
ADMINISTRATION AND MANAGEMENT FOR THE USE OF THE CITY
OF SAN BERNARDINO NEIGHBORHOOD STABILIZATION PROGRAM
("NSP") FUNDS TO BE UTILIZED FOR ACQUISITION, DEMOLITION,
REHABILITATION AND RESALE ACTIVITIES IN ACCORDANCE WITH
THE HOUSING AND ECONOMIC RECOVERY ACT OF 2008
WHEREAS, the City of San Bernardino (the "City") has received a certain grant in the
8 principal amount of $8,408,558 as Neighborhood Stabilization Program ("NSP") Funds pursuant to
9 the Housing and Economic Recovery Act of 2008 ("HERA") and in accordance with a Funding
10 Approval and Grant Agreement duly executed by and between the City and the United States
11 Department of Housing and Urban Development ("HUD") as NSP Grant Number B-08-MN-06-
12 0520;and
13 WHEREAS, the City, pursuant to a duly adopted Resolution on this date has authorized the
14 Redevelopment Agency of the City of San Bernardino (the "Agency") pursuant to said Resolution,
15 to administer all such NSP Funds as shall be received by the City pursuant to said NSP Grant and to
16 otherwise authorize the Agency to provide for and administer the NSP program that shall be
17 undertaken within the City by the Agency as required of the City under the Funding Approval and
18 Grant Agreement; and
19 WHEREAS, the City recognizes that an amount equal to 25% of the NSP Funds awarded to
20 the City are to be expended to benefit households whose incomes are no greater than 50% of the
21 Area Median Income ("AMI") as recognized by HUD; and
22 WHEREAS, the Agency intends to submit a development plan utilizing NSP Funds targeted
23 to households at or below 50% of the AMI under a separate action; and
24 WHEREAS, the Agency intends that various non-profit corporations, whether controlled by
25 the Agency or which are independent of the Agency, will be acquiring title to single-family
26 foreclosed homes that have been foreclosed by the applicable lenders in an effort to implement the
27 process for the acquisition, demolition or rehabilitation and resale of all such foreclosed properties
28 or building lots after completion of demolition; and
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CDC/2009-38
1 WHEREAS, it is necessary at this time for the Community Development Commission of the
2 City of San Bernardino (this "Commission") to concur in the request as made by the Mayor and
3 Common Council of the City of San Bernardino ("Council") and to specifically authorize Agency
4 Staff to undertake the actions as required of the Agency for the administration of the NSP Funds and
5 the disbursement of such NSP Funds to various non-profit corporations accepting title to foreclosed
6 properties within designated target areas or elsewhere in the City as may be permitted by HERA and
7 in furtherance of the use of the NSP Funds by the Agency on behalf of the City; and
8 WHEREAS, it is necessary for the Agency to comply with the Funding Approval and Grant
9 Agreement (the "NSP Grant Agreement") by and between HUD and the City as executed on April
10 23,2009.
11 NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION OF THE
12 CITY OF SAN BERNARDINO DOES HEREBY RESOLVE, DETERMINE AND ORDER, AS
13 FOLLOWS:
14 Section 1. The facts set forth in the Recitals to this Resolution are accurate and correct in all
15 respects.
16 Section 2. The Commission hereby authorizes and directs Agency Staff to implement
17 certain aspects of the NSP program and the disbursement of the NSP grant funds that are available
18 to the City pursuant to HERA and as further set forth in the NSP Grant Agreement. The
19 Commission recognizes that the Agency shall be solely responsible for all administrative, audit and
20 compliance matters required either under HERA or the NSP Grant Agreement as may be required
21 for the use of the NSP funds within the City.
22 Section 3. The Commission hereby directs the Agency to return to the Commission for
23 authorization to draw down NSP Funds targeted to households whose incomes are no greater than
24 50% of the AMI.
25 Section 4. The use and application of the NSP Funds by the Agency shall not exceed those
26 limitations set forth in Section 3 of the Resolution of the Council of even date with this Resolution
27 authorizing the Agency to administer and manage the NSP program subject to the confirmation by
28 the official action of this Commission. The Agency is hereby authorized to pay directly or to
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1 otherwise reimburse the Agency for those costs and expenses of the administration and management
2 of the NSP program subject to such dollar limitation and other limitations on eligible expenditures
3 as may be established by HUD either pursuant to HERA or which are otherwise applicable to the
4 use of the NSP Funds.
5 Section 5. This Resolution shall take effect from and after its date of adoption by this
6 Commission.
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CDC/2009-38
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RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF
THE CITY OF SAN BERNARDINO ACCEPTING THE DELEGATION OF
ADMINISTRATION AND MANAGEMENT FOR THE USE OF THE CITY
OF SAN BERNARDINO NEIGHBORHOOD STABILIZATION PROGRAM
("NSP") FUNDS TO BE UTILIZED FOR ACQUISITION, DEMOLITION,
REHABILITATION AND RESALE ACTIVITIES IN ACCORDANCE WITH
THE HOUSING AND ECONOMIC RECOVERY ACT OF 2008
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I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Community
7 Development Commission of the City of San Bernardino at a joint reg..' Rr
meeting
8 theteof, held on the 20th day of July
Aves
,2009, by the following vote to wit:
Absent
9 Commission Members:
10 ESTRADA
11 BAXTER
12 BRINKER
13 SHORETT
14 KELLEY
15 JOHNSON
16 MC CAMMACK
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Abstain
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Secretary
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20 The foregoing Resolution is hereby approved this ~s""-day of Jul v
,2009.
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Patrie J. Morris, Chairperson
unity Development Commission
of the City of San Bernardino
Approved as to Form:
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26 By: C/'~N1.J
27 Agency C~
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