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HomeMy WebLinkAboutCouncil Agenda StatementHOUSING AUTHORITY OF THE CITY OF NATIONAL CITY AGENDA STATEMENT MEETING DATE: February 21, 2012 AGENDA ITEM NO. ITEM TITLE: Resolution of the Housing Authority of the City of National City, ratifying the submittal of a Catalyst Community Grant Program Application in the amount of $500,000 filed with the State of Califomia Department of Housing and Community Development on January 30, 2012 for the Westside Infill Transit Oriented Development Project, Pre -development Work Loan, and committing Community Development Commission funds in the amount of $3,241,600, for a total project cost of $3,741,600. (Funded by Low/Mod Funds) PREPARED BY: Brad Raulston PHONE: x-4256 APPROVED BY: EXPLANATION: See attached. DEPARTMENT: Community Services FINANCIAL STATEMENT: APPROVED: ACCOUNT NO. APPROVED: Funds are available in Fund 522 (Low/Mod). No General Funds will be expended. ENVIRONMENTAL REVIEW: ORDINANCE: INTRODUCTION: FINAL ADOPTION: Finance MIS STAFF RECOMMENDATION: Adopt the Resolution BOARD / COMMISSION RECOMMENDATION: ATTACHMENTS: 1. Explanation 3. Resolution 2. Grant Application