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HomeMy WebLinkAboutCC RESO 11,633RESOLUTION NO. 11,633 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, CALIFORNIA APPROVING A REQUEST FOR ADVANCE OF HOLD HARMLESS ENTITLEMENT FUNDS FROM THE U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WHEREAS, the City of National City will apply to the U. S. Department of Housing and Urban Development for $761,000.00 Block Grant Hold Harmless Entitlement Funds for fiscal year 1974 - 1975; and WHEREAS, the Housing and Community Development Act of 1974 provides for an advance of funds in an amount not to exceed 10% of such entitlement amount. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that it hereby authorizes and approves an application by the City of National City to the Secretary of the Department of Housing and Urban Development for an advance of the City's Hold Harmless Entitlement amount in the amount of $76,100.00. BE IT FURTHER RESOLVED that the City of National City is cognizant of the fact that said $76,100.00 will be offset against or deducted from, the City's fiscal year 1974 - 1975 Hold Harmless Entitlement in the amount of $761,000.00. Passed and adopted this 6th day of December, 1974. Mayor ATTEST: I, Robert S. Bourcier, City Manager of the City of National City, hereby affirm my understanding that the advance of funds in the amount of $76,100.00 requested by the City Council of the City of National City in this Resolution will be an offset against or a deduction from, the City's fiscal year 1974 - 1975 Hold Harmless Entitlement amount of $761,000.00. December 6, 1974 Date Robert S. Bourcier City Manager