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HomeMy WebLinkAbout3234 Resolution RESOLUTION NO. 3a ` A RESOLUTION GRANTING SIGNATURE AUTHORITY FOR THE NEIGHBORHOOD STABILIZATION PROGRAM (NSP) PLAN ACTIVITIES WHEREAS, the City has resolved in previous resolutions as follows: Resolution 3148 - Approved the NSP Work Plan for stabilizing neighborhoods negatively affected by foreclosures and abandoned properties; and Resolution 3152 - Approved NSP Guidelines for carrying out down payment assistance activities; and Resolution 3220 - Amended the NSP Work Plan to reallocate funds for acquisition and rehabilitation activities; and WHEREAS, the City has entered into a contract with Washington State Department of Commerce for the administration and implementation of the Neighborhood Improvement Program Plan with a deadline for obligating funds totaling $426,343 by September 18, 2010; and WHEREAS, participation in certain federal programs is beneficial to increase the supply and quality of affordable housing, provide economic opportunities to housing stakeholders, and stabilize neighborhoods; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO: That the city manager is hereby authorized to execute all documents related to the acquisition, rehabilitation and resale of real properties for the Council-approved Neighborhood Stabilization Program in compliance with federal, state and local regulations. PASSED by the City Council of the City of Pasco this vz day of , 2010. CITY OF PASCO: Matt Watkins Mayor Pro-Tem ATTEST: APPROVED AS TO FORM: L(�A, IC� oc 164f"� �� . Debra L. Clark Leland B. kerr CMC City Clerk City Attorney