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RESO 2011-03 - HOME Grant, 11/16/10RESOLUTION No. 2011-03 A RESOLUTION OF THE CITY' COUNCIL OF THE CITY OF HUNTSV'ILLE, TEXAS, AUTHORIZING THE SUBMISSION OF A NEIGHBORHOOD HOME GRANT APPLICATION TO THE TEXAS DEPARTMENT OF COMMUNITY AND °HOUSING AFFAIRS (TDHCA); AND AUTHORIZING THE CITY MANAGER TO ACT AS . THE CITY'S EXECUTIVE OFFICER AND AUTHORIZED REPRESENTATIVE IN ALL MATTERS PERTAINING TO THE CITY'S PARTICIPATION IN THE HOME GRANT PROGRAM. WHEREAS Assisting the very low income home owners (in improving their properties is important to the City of Huntsville; and WHEREAS It is necessary and in the best interest of the City to apply for funding under the 2010 HOME Grant Program. NOW, THEREFORE, be it resolved by the City Council of the City of Huntsville, Texas, that SECTION 1: An application is hereby authorized to be filed on behalf of the City and be placed in competition for funding under the HOME Grant Program. SECTION 2 The application will be for $450,000 of grant funds plus $50,000 (10%) matching funds to Implement the HOME Project. SECTION 3: The City's 10 % match will be derived from building permit fee waivers ($20,000), demolition ($15,000), and $20,000 in in -Kind labor. SECTION 4: It is understood that the -HOME is a reimbursement program and the City has $120,000 In reserve funds for this Program located in the unallocated Capital Reserves fund. SECTION 5: The City Council directs and designates the City Manager, Bill Baine, as the City's Chief Executive Officer and Authorized Representative to act in all matters in connection with this application and the City's participation in the HOME Grant Program. PASSED AND APPROVED this 16th day of November, 2010. ATTEST: City Secretary A� TO FORM 1 City Attorney O H NTSVILLE J, er, Mayor