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HomeMy WebLinkAboutMINUTES - 11031992 - 1.62 HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA b2 TO: BOARD OF COMMISSIONERS DATE: November 3, 1992 FROM: Richard J. Martinez, Interim Acting Executive Director APPROVING SUPERSEDING PART I AND NEW PART II OF SUBJECT: SECTION 8 HOUSING CERTIFICATE PROGRAM ANNUAL CONTRIBUTIONS CONTRACT NO. SF-468 AND AUTHORIZING EXECUTION I. RECOMMENDED ACTION: ADOPT Resolution No. 3661 approving superseding Part I and New Part II of the Section 8 Existing Housing Certificate Program Annual Contributions Contract No. SF-468, as amended, and AUTHORIZE execution of the amendment by the Chair of the Board of Commissioners. II. FINANCIAL IMPACT: Contract authority in the amount of $5,387,695 has been expended by the 3-year cost amendment project CA39-EO11-901 to the Section 8 Existing Housing Certificate Program, which expired on March 31, 1992. III. REASONS FOR RECOMMENDATION/BACKGROUND: The Housing Authority has received notification from the U. S. Department of Housing and Urban Development (HUD) that project CA39-E011-901, a 3-year cost amendment to Exhibit I of the Section 8 Existing Housing Certificate Program Annual Contributions Contract expired on March 31, 1992. In order to remove this project from Exhibit I an amendment to terminate the cost amendment must be executed. IV. CONSEQUENCES OF NEGATIVE ACTION: Should the Board of Commissioners elect to not adopt Resolution No. 3661, the Housing Authority would not be in compliance with HUD regulations for the Section 8 Existing Housing Certificate Program covering expired cost amendment projects. CONTINUED ON ATTACHMENT: YES SIONATUI2Et RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION O BOARD CO MITTEE APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON MoveMDer 3, 1992 APPROVED AS RECOMMENDED x OTHER VOTE OF COMMISSIONERS X UNANIMOUS (ABSENT ) I HEREBY CERTIFY THAT THIS A TRUE AND AYES: NOES: CORRECT COPY OF AN ACTION TAKEN AND ABSENT: ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN. CC: ATTESTED tNovember 3, 1992 Phil Batchelor, Clerk of the Board of Commissioners M382/7-e3 BY (/ , DEPUTY