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Agmt 2009 Alameda County (2)
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Agmt 2009 Alameda County (2)
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Last modified
12/8/2009 4:39:45 PM
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12/8/2009 4:39:06 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
12/1/2009
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_CC Agenda 2009 1207
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2009\Packet 2009 1207
Reso 2009-158
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2009
Reso 2009-158
(Reference)
Path:
\City Clerk\City Council\Resolutions\2009
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(x) "Model Documents" means form documents that are prepared by <br />the Lead Member for use by all Members in the implementation of the NSP2 Program. <br />Such documents may include, but are not limited to, program agreements with <br />Developers, purchase and sale agreements, promissory notes, deeds of trust, and <br />documents necessary to implement continuing affordability requirements. <br />(y) "Moderate-Income Household" means a household whose income <br />does not exceed eighty percent (80%) of the area median income, as determined by HUD. <br />(z) "NOFA" has the meaning given in Recital B. <br />(aa) "NSP2" has the meaning given in Recital A. <br />(bb) "NSP2 Activities" means the activities set forth in the NSP2 <br />Budget, as further described in Section 2.1. <br />(cc) "NSP2 Budget" means the allocation of Consortium Funds to <br />specific activities, as set forth in the Grant Application and as shown in Exhibit A. <br />(dd) "NSP2 Program" is defined in Recital D. <br />(ee) "NSP2 Requirements" has the meaning given in Recital E. <br />(ff) "Program Income" means any program income, as defined at 24 <br />CFR 570.500 (a), received by a Member that is directly generated from the use of <br />Consortium Funds allocated to the City pursuant to this Agreement. <br />(gg) "Steering Committee" has the meaning given in Recital G. <br />(hh) "Target Census Tracts" means the census tracts located in each <br />Member's jurisdiction, as identified in the Grant Application and as shown on Exhibit C. <br />(ii) "Targeted Activities" means activities for which the City has set <br />aside Leveraged Funds. <br />(jj) "Term" means the period beginning on the HUD Award Date and <br />continuing until (i) all Consortium Funds and any Program Income have been used, or (ii) <br />all funded NSP2 Activities are complete, whichever occurs first. <br />Section 1.2 Exhibits. The following exhibits are attached hereto and <br />incorporated into this Agreement. <br />Exhibit A -NSP2 Budget <br />Exhibit B -County Certifications <br />Exhibit C -Alameda Consortium Target Census Tracts <br />Alameda County and City of San Leandro 4 <br />
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