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HomeMy WebLinkAbout3152 Resolution RESOLUTION NO. A RESOLUTION APPROVING THE NEIGHBORHOOD STABILIZATION PROGRAM (NSP) PLAN GUIDELINES WHEREAS, the City of Pasco has been awarded $402,141 under the Neighborhood Stabilization Program (NSP) authorized under Title III of the Housing and Economic Recovery Act of 2008 (HERA) and administered by the US Department of Housing & Urban Development (HUD), and subject to both CDBG and HOME regulations for the purpose of stabilizing neighborhoods negatively affected by foreclosures and abandoned properties; and WHEREAS, the Pasco City Council approved the Neighborhood Stabilization Program (NSP) Work Plan in March, 2009; and WHEREAS, the Neighborhood Stabilization Program (NSP) Plan has been prepared in accordance with Community Trade and Economic Development (CTED) Guidelines and the approved NSP Work Plan; NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO: Section 1. That the Neighborhood Stabilization Program (NSP) Plan Guidelines (attached) are hereby approved. PASSED by the City Council of the City of Pasco this day of t r , 2009 CITY OF PASCO: Joyc is MayUJ ATTEST: APPROVED AS TO FORM: Sandy L. K rthy Leland B. Kerr Deputy City Clerk City Attorney