2002-226RESOLUTION NO. 2002-226
RESOLUTION AUTHORIZING APPLICATION FOR AND PARTICIPATION IN THE
WISCONSiN HOUSING COST REDUCTION INITIATIVE (HCRI) PROGRAM
WHEREAS, residents of the City of Janesville have a need for affordable housing; and
WHEREAS, the State of Wisconsin, Division of Housing has developed the Housing Cost
Reduction Initiative Program (HCRI) to provide funding for an affordable housing program; and
WHEREAS, the Janesville Community Development Authority has recommended that the
Common Council approve an application for $110,000.00 to fund rental assistance activities
under this program and consistent with the City of Janesville Consolidated Plan; and
WHEREAS, the Common Council finds that it is in the Community's best interest to fulfill the
requirements to secure these HCRI Program funds.
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Janesville
that it authorizes and directs the City Manager to submit an application for One Hundred Ten
Thousand Dollars ($110,000.00) in HCRI funds with the State of Wisconsin.
BE IT FURTHER RESOLVED, that the City Manager, and his designees, are hereby
authorized to negotiate, draft, prepare, execute, file and modify such other documents, papers
and agreements ancillary and/or pertaining thereto and, from time to time, to take and/or make
whatever other minor actions and/or minor modifications to the above described agreements as
the City Manager and/or his designee may deem necessary and/or desirable to effectuate the
purposes of such agreements and the intent of this resolution, and to administer the program in
accordance with all applicable State and Federal regulations. The City Manager is also hereby
authorized to revise the FY2002 budget document to reflect the receipt of the FY2002 HCRI
Program funds and the expenditure as reflected in this resolution and as awarded.
ADOPTED: January 28, 2002
APPROVED:
ATTEST:
J0afi-Ann Wuif', City C e -
A;~RM:
yy'Attorney Date
Proposed by: Community Development Authority
Prepared by: Housing & Neighborhood Services Dept.
MOTION BY: 0' Leary
SECOND BY: Mur >h2z
COUNCILMEMBER AYE NAY PASS ABSENT
DAMRON X
WILLIAMS X
O'LEARY X
DEGARMO X
BRIEN X
MURPHY X
STEEBER X