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HomeMy WebLinkAbout1981-009 Supporting use of CA Homeownership Assistance Program for Sunscape Development and Authorizing Submittal of Application for Funds2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. RESOLUTION OF THE CITY OF SAN BERNARDINO SUPPORTING THE USE OF THE CALIFORNIA HOMEOWNERSHIP ASSISTANCE PROGRAM FOR THE SUNSCAPE DEVELOPMENT AND AUTHORIZING SUBMITTAL OF AN APPLICATION TO THE STATE OF CALIFORNIA FOR HOMEOWNERSHIP ASSISTANCE PROGRAM FUNDS FOR THIS DEVELOPMENT. SECTION 1. Recitals. (a) Lewis Homes is proposing to convert to condominiums a 127 unit )apartment complex, Sunscape Apartments., adjacent to the Southeast corner of (Lynwood Drive and Ironwood Street in the City of San Bernardino. (b) At the Council Meeting of November 3, 1980 the Common Council of (the City of San Bernardino approved the applications for Tentative Tract No. 11054 and Conditional Development Permit No. 975 for the Sunscape apartments conversion. (c) The State of California under the Homeownership Assistance Program will provide up to 49 percent of the purchase price of a dwelling in a condominium conversion to eligible low and moderate income households to enable them to purchase housing which they otherwise would be unable to acquire.) (d) Many purchasers of condominium units in the Sunscape Project would be eligible for assistance under the California Homeownership Assistance (Program. SECTION 2. The City of San Bernardino supports use of the California 'Homeownership Assistance Program for the Sunscape development. SE-CTION 3. Authorizes Mayor to submit an application to the State Department of Housing and Community Development for $500,000 to assist 20 families in purchasing condominium units within the Sunscape development. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a __� __ meeting thereof, held on the day of'��>��c�cJ. 1 ��1981, by the following vote, to wit: 2 AYES: Councilmen 4 NAYS: J L 5 ABSENT: ----- --- --- 6 7 City Clerk 8 Theforegoing resolution is hereby approved this day 1 r 9 of `ixLcd�fGf 1981. 1T� 10 V J% 11 12 13 Approved as to form: 14 15 Deputy City Attortl-eyj 16 17 18 19 20 21 22 23 24 25 26 27 28 -2-