HomeMy WebLinkAboutCC RESO 12,559RESOLUTION NO. 12,559
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL
CITY, CALIFORNIA AMENDING A HOUSING ASSISTANCE AREA AND
AUTHORIZING AND DIRECTING THE COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF NATIONAL CITY, CALIFORNIA TO
AMEND ITS AGREEMENT WITH THE BANK OF AMERICA, NT&SA,
TO INCLUDE AN ADDITIONAL AREA WITHIN THE OPERATION OF
SAID AGREEMENT
WHEREAS, the City Council of the City of National City, California,
by its Resolution No. 11,931 adopted December 16, 1975 established a
Housing Assistance Area within which home improvement loans may be made
pursuant to the adopted Community Development Block Grant Program,
approved a Home Improvement Loan Program and authorized, on behalf of
the City, the execution of an agreement between the Community Development
Commission of the City of National City, California and the Bank of
America NT&SA in order to implement such Program; and
WHEREAS, the Community Development Commission and the Bank of
America, NT&SA, on May 20, 1976 executed an Agreement for such Home
Improvement Loans; and
WHEREAS, the City Council of the City of National City, California
by Resolution No. 12,352 adopted May 17, 1977 amended said Housing
Assistance Area to include an additional area and authorized the Community
Development Commission to amend its Agreement with the Bank of America,
NT&SA, to include such additional area within the operation of said
Agreement and the Agreement was so amended on May 24, 1977; and
WHEREAS, it is in the interest of the City of National City
to further amend said Housing Assistance Area and to authorize the
Community Development Commission to further amend its Agreement with
the Bank of America, NT&SA, to include additional area within the
operation of said Agreement;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of National City, California that the Housing Assistance Area adopted
by City Council Resolution No. 11,931 on December 16, 1975, as amended
by City Council Resolution No. 12,352 on May 17, 1977, is hereby further
amended to include within said Housing Assistance Area the area bounded
on the North by Division Street, on the East by Highland Avenue, on the
South by 9th Street, and on the West by National Avenue, within the City
of National City, California as shown on Exhibit "A", attached hereto,
incorporated herein and by reference made a part hereof; and
BE IT FURTHER RESOLVED that the Community Development Commission
of the City of National City is hereby authorized and directed to amend
the Agreement for Home Improvement Loans between the Community Development
Commission and the Bank of America, NT&SA, as amended, to include within
the operation of said Agreement said described Area.
PASSED and ADOPTED this 6th day of December, 1977.
f
Kile Morgan, Mayor
ATTEST:
Ione ampbell, City ►i erk