HomeMy WebLinkAboutMINUTES - 08281984 - 1.44 THE BOARD OF COMMISSIONERS, HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA
RESOLUTION NO. 3431
AUTHORIZING EXECUTION OF OPERATING AGREEMENT
WITH SECURITY PACIFIC NATIONAL BANK
FOR PACKAGE 1 FINANCIAL ASSISTANCE UNDER
RENTAL REHABILITATION PROGRAM FOR PRIVATELY OWNED PROPERTIES
WHEREAS the Board of Commissioners of the Housing Authority of the County
of Contra Costa desires to continue to supply decent, safe and
sanitary affordable rental housing to low and moderate income ,
families; and,
WHEREAS, the Housing Authority of the County of Contra Costa, in tandem
with Contra Costa County, has entered into a program for Rental
Rehabilitation of Privately Owned Properties; and,
WHEREAS, the Guidelines for the Rental Rehabilitation of Privately Owned
Properties offer financial assistance in the form of "bankable"
low interest loans; and
WHEREAS, Security Pacific National Bank is a commerical lender with an in-
place program specifically designed to operate in conjunction with
public agencies operating Housing Rehabilitation Programs;
NOW, THEREFORE, BE IT RESOLVED that the Board of Commissioners of the
Housing Authority of the County of Contra Costa does hereby
approve the attached Operating Agreement between the Housing
Authority and Security Pacific National Bank and does hereby
authorize the Executive Director to execute said Operating
Agreement on behalf of the Housing Authority of the County of
Contra Costa.
This Resolution is to become effective immediately.
PASSED ON August 28 , 1984 by the following vote of the Commissioners:
AYES: Commissioners Powers , Fanden, McPeak ,
Schroder , Torlakson.
NOES: None .
ABSENT: None .
ABSTAIN : None .
Cc : Contra Costa County
Housing Authority
County Administrator ®33�
County Counsel
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HOUSING AUTHORITY
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COUNTY OF CONTRA COSTA
3133 CSTUDILLO STREET P.O. SOX 2396
(416) 226-5330
MARTINEZ,CALIFORNIA 94553
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 T - ._28th day 1984day of g
(SEAL)
eerfeCto Villarreal , Secretary
208-jt-82
003