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04-9-92-6.2 - Resolution - 04/09/1992RESOLUTION NO. 4- 9- 9 2- 6.2 A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE DOCUMENTS FOR SUBMISSION OF THE HOPE III PROGRAM IMPLEMENTATION GRANT APPLICATION TO THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WHEREAS, the City Council has expressed interest and support for providing affordable housing to low-income citizens; and WHEREAS, the Department of Housing and Urban Development has issued a Notice of Funding Availability for the HOPE III Program; and WHEREAS, the eligible activities under the HOPE III Program are consistent with the strategies detailed in the City's Comprehensive Housing Affordability Strategy; and WHEREAS, the eligible activities under the HOPE III Program can be expected to alleviate the housing conditions experienced by low-income citizens. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of College Station that the Mayor is authorized to execute documents for submission of the HOPE III Implementation Grant Application to the Department of Housing and Urban Development and to enter into a Memorandum of Understanding with the Brazos Valley Community Action Agency as part of the application package, with the knowledge that a Contract between the City and the Brazos Valley Community Action Agency will be approved in accordance with City policies and procedures. PASSED AND APPROVED this 9 ~:h day of April, 1992. ATTEST: APPROVED: