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HomeMy WebLinkAboutMINUTES - 08281984 - 1.41 THE BOARD OF COMMISSIONERS, HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA RESOLUTION NO. 3435 AUTHORIZING THE EXECUTIVE DIRECTOR TO SUBMIT AN APPLICATION FOR PARTICPATION IN THE CALIFORNIA HOUSING FINANCE AGENCY MULTIFAMILY REHABILITATION PROGRAM WHEREAS, the Housing Authority of Contra Costa County has received notification that the. California Housing Finance Agency plans to issue a second tax exempt bond issue for their Multifamily Rehabilitation Program; and WHEREAS, the Housing Authority has several rental rehabilitation programs that would benefit by offering below market rehabilitation financing to private rental property owners; and WHEREAS, the commitment fee of 3j% or $17,500 for $500,000 of financing would be recaptured by the Housing Authority from private rental property owners who participate in the California Housing Finance Agency Rehabilitation Program; NOW, THEREFORE, BE IT RESOLVED that the Executive Director be authorized to submit an application for participation in the California Housing Finance Agency Multifamily Rehabilitation Program and to execute all necessary application and contract documents. August 28 1984 PASSED ON by the following vote of the Commissioners: AYES: Commissioners Powers , Fanden, Tic Peak, Schroder , Torlakson NOES: None. ABSENT: None. ABSTAIN: None. CC : Contra Costa County Housing Authority County Administrator County Counsel 00323 HOUSING AUTHORITY Or Tis COUNTY OF CONTRA COSTA 3133 KSTYDILLO STRZKT P.O. 610X 1396 (•15) 116-5330 MARTINCZ.GALIFORNM 96553 CERTIFICATE I, Perfecto Villarreal , the duly appointed, qualified and acting Secretary/Treasurer - Executive Director of the Housing Authority of the County of Contra Costa, do hereby certify that the attached extract from the Minutes of the Regular Session of the Board of Commissioners of said Authority, held on August 28 , 1984 is a true and correct copy of the original Minutes of said meeting on file and of record insofar as said original Minutes relate to the matters set forth in said attached extract. IN WITNESS WHEREOF, I have hereunto set my hand and the seal of said Authority this 2'8th day of August 1984 (SEAL) v , Perfe0to Villarreal, Secretary 208-jt-82 00324