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HomeMy WebLinkAboutRES NO 34-80RESOLUTION NO. 34-80 A RESOLUTION OF THE COUNCIL OF THE CITY OF BAKERSFIELD NOTIFYING.THE STATE OF CALIFORNIA THAT THE CITY OF BAKERSFIELD DOES NOT WISH TO PARTICIPATE IN THE SB 9616 DEFERRED PAYMENT LOAN PROGRAM. WHEREAS, the City of Bakersfield,"recogni2ing the need for a comprehensive housing rehabilitation program, applied for SB 966 funds; and WHEREAS, the City of Bakersfield's application for certain SB 966 funds was approved; and WHEREAS, it is determined that the costs to administer this program would prove to be a burden on the City of Bakersfield and local taxpayers, both financially and functionally. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Bakersfield that it is hereby withdrawing from participation in the SB 966'deferred loan program. o0o 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 on the 4th day of June, 1980, by the following vote: CITY ATTORNEY of of Bakersfield