HomeMy WebLinkAboutRES NO 42-00RESOLUTION NO. Zj[ 2" 0 0
A RESOLUTION OF THE COUNCIL OF THE CITY OF
BAKERSFIELD COMMITTING FUNDING FOR THE
CONSTRUCTION OF HOUSING FOR VERY-LOW INCOME
SENIOR CITIZENS
WHEREAS, there is a need in the City of Bakersfield (the "City") for decent, safe
and sanitary housing and particularly for housing affordable to very-low income senior
citizens; and
WHEREAS, available land that is suitable for senior citizen housing development
is limited and probable land acquisition costs indicate a need to provide significant levels
of financial assistance for the new construction o1! housing projects; and
WHEREAS, the Bakersfield Senior Center, Inc., a California non-profit, public
benefit corporation, and Retirement Housing Foundation, a California non-profit, public
benefit corporation ("the Co-sponsors"), have submitted a proposal with the United States
Department of Housing and Urban Development ("HUD") to construct an 80-unit residential
complex ("the project") to house very-low income senior citizens; and
WHEREAS, the likelihood of approval of Co-sponsors' proposal by HUD is
significantly increased where there is a commitment of local funding provided to the project;
and
WHEREAS, the Co-sponsors are seeking assistance of $25,000.00 from the City
for construction of the project; and
WHEREAS, the City desires to commit $25,000.00 towards the construction of the
project as resolved herein; and
WHEREAS, City may provide technical assistance to identify other cost reductions
typically made available for senior housing projects.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Bakersfield
as follows:
1. The above recitals are true and cor~'ect;
2. The City hereby commits the amount of $25,000.00 towards construction of
the project. The City's commitment of funding shall be contingent upon the following
condition precedent:
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Co-sponsor's proposal being accepted and Section 202 financing
provided by HUD for the project.
3. Upon occurrence of the condition stated in paragraph 2 above, the City shall,
by further resolution of the City Council, appropriate the amount provided for in paragraph
2 from such funds as the City shall deem appropriate.
-oo0oo-
I HEREBY CERTIFY that the foregoing Resolution was passed and adopted by the
Council of the City of Bakersfield at a regular meeting thereof held onMAY 1 0 Z000, by the
following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
COUNCILMEMBER CARSON, DEMOND, MACGARD, CCUC: :; ROWLES, SULLIVAN, SALVAGGIO
COUNCILMEMBER I~ O f~¢..
COUNClLMEMBER I~ ~1~ ~
COUNCILMEMBER ~.~u ~
CITY CLERK and Ex Officio Clerk of the
Council of the 'City of Bakersfield
APPROVED MAY i 0 ZOO0
\ MAYOR of Bakersfield
APPROVED as to form:
BART J. THILTGEN
City Attorney
JANICE SCANLAN
Deputy City Attorney
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