HomeMy WebLinkAbout3504 ResolutionRESOLUTION NO.
A RESOLUTION AUTHORIZING AMENDMENT OF PRIOR YEAR HOME
ANNUAL ACTION PLANS FOR CONVERSION OF HOMEBUYER ACTIVITIES
TO HOME - ASSISTED RENTAL ACTIVITIES.
WHEREAS, Council approves federally- funded HOME Work Plan Allocations for each
program year; and
WHEREAS, recent changes to the HUD HOME Final Rule imposes a nine -month sale
deadline for homebuyer (owner - occupied) units requiring them to be converted to a HOME -
assisted rental unit; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO:
Section 1. The Council approves substantial amendment to prior year HOME Annual
Action Plans to convert homebuyer activities to suitable HOME - assisted rental activities when
appropriate.
PASSED by the City Council of the City of Pasco this 3
CITY OF PASCO:
Matt Watkins
Mayor
ATTEST:
("o
Debra L. Clark
MMC City Clerk
day of 4 ,2013.
APPROVED AS TO FORM:
Leland B. Kerr
City Attorney