HomeMy WebLinkAbout2905 Resolution Reference B
RESOLUTION NO. /Qc)
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A RESOLUTION AWARDING 2005 HOME CHDO FUNDS TOTALING $101,907
TO LA CLINICA.
WHEREAS, the City of Pasco entered into an Agreement with Kennewick and Richland
in 2004 continuing participation in a Consortium originally formed in 1996 under the Home
Investments Partnership (HOME) Program; and
WHEREAS, the Consortium allows the three cities to be eligible for federal HOME
funds, of which 15% of these funds are earmarked for federally designated Community Housing
Development Organizations (CHDOs); and
WHEREAS, the three cities rotate responsibility for distribution of HOME CHDO
funds; and
WHEREAS, the City of Pasco is responsible for distributing HOME CHDO funds
totaling $101,907 for 2005; and
WHEREAS, qualified CHDOs in the Tri-Cities metropolitan area were solicited to
submit proposals and the City received three proposals on August 22, 2005; and
WHEREAS, on September 15, 2005, the applicants presented their proposals to HOME
Consortium representatives; and
WHEREAS, the HOME Consortium determined that La Clinica's proposal to use the
$101,907 and leverage $510,793 of their own funds to acquire land and construct 6 low income
homes would best meet the City's housing goals of increasing the supply of affordable housing
and promoting home-ownership; Now, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO:
Section 1. The City Council award 2005 HOME CHDO funds totaling $101,907 to
La Clinica.
PASSED by the City Council of the City of Pasco this _L7Lday of 2004.
Crr OF PASCO:
ichael L. Garrison
Mayor
ATTEST: APP VED S TO FORM:
Sandy L. enworthy Leland B. Kerr
Deputy City Clerk City Attorney
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