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HomeMy WebLinkAboutCC RESO 14,503RESOLUTION NO. 14,503 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, CALIFORNIA AUTHORIZING ACCEPTANCE OF PRELIMINARY FUNDING APPROVAL OF $3 MILLION FOR KIMBALL TOWERS WHEREAS, the City Council of the City of National City, California, by adoption of Resolution No. 14,393 on August 7, 1984, authorized the filing of an application to the U. S. Department of Housing & Urban Development (HUD) for a grant in the amount of $3 million for the construction of a nine story residential facility for elderly and handicapped persons and said application was transmitted to HUD on August 10, 1984; and WHEREAS, HUD, by letter dated November 29, 1984 has announced preliminary funding approval for said Project in the amount of $3 million and has offered an Acceptance of Notification of Preliminary Funding Approval; and WHEREAS, the City Council wishes to proceed with said Project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City, California that the Mayor is authorized, on behalf of the City of National City, to execute the Acceptance of Notification of Preliminary Funding Approval offered by the U. S. Department of Housing & Urban Development for Kimball Towers, National City, California, in the amount of $3 million, HUD Project No. CA 003GH401. PASSED AND ADOPTED this 11 day of December, 1984. Kile Morgan, M: yor ATTEST: Ione •ampbell, City Clkr