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HomeMy WebLinkAboutResolution No. 95-R9• 0 RESOLUTION NO. 95—R9 A RESOLUTION OF THE CITY COUNCIL AND BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING AN AGREEMENT COMMUNITY DEVELOPMENT BLOCK GRANT FUND EXCHANGE WITH THE CITY OF WALNUT WHEREAS, the City Council/Board of Directors of the City of Azusa and the Redevelopment Agency of the City of Azusa (the "City/Agency") desires to promote eligible Community Development Block Grant programs; and WHEREAS, the City/Agency desires to exchange CDBG funds currently available from the City of Walnut; and WHEREAS, the City/Agency has determined that it is in the best interest to leverage available limited funding to promote eligible CDBG programs and projects; NOW, THEREFORE, BE IT RESOLVED by the City Council/Board of Directors of the City of Azusa and the Redevelopment Agency of the City of Azusa as follows: Section 1. Approve the Agreement. Approve the Agreement by and between the City of Walnut and the City of Azusa for a Community Development Block Grant Fund Exchange to promote an eligible project undertaken by the City/Agency is hereby approved, and the Mayor/Chairman is hereby authorized and directed to execute, on behalf of the Agency and City, the agreement for CDBG Fund Exchange substantially in the form attached hereto and incorporated herein by reference. Section 2. Certification. The City Clerk/Secretary shall certify the adoption of this Resolution. APPROVED AND ADOPTED this 21day of February , 1995. Mayor/Chairman I HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council/Board of Directors of the Redevelopment Agency of the City of Azusa at a regular meeting thereof, held on the 21 day of February 1995 by the following vote of the Council/Board: AYES: NOES: ABSTAIN ABSENT: Clerk/ c: gage n dalcd bgex. res ALEXANDER CITY COUNCIL/BOARDMEMBERS: HARD I SON, MADRID, NARANJO , BEEBE CITY COUNCIL/BOARDMEMBERS:NONE CITY COUNCIL/BOARDMEMBERS:NONE NONE