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Minutes - San Leandro City Council Meeting - September 7, 1993 Page - 10 - <br /> NEW BUSINESS (continued) <br /> C. Resolution Authorizing the City Manager to Request an Allocation of <br /> Federal "HOME" Program Funds for Use as Loan Proceeds for Low-Income <br /> Housing Purchase and Rehabilitation Costs and Authorizing the City <br /> Manager to Prepare and Execute the Documents Necessary to Loan the <br /> "HOME" Funds to Worthing Capital for Its Use in Obtaining and <br /> Rehabilitating Low-Income Housing Units (provides for a loan of federal <br /> "HOME" funds to Worthing Capital for the acquisition and rehabilitation <br /> of the 11 lower-income HOME units at Fargo Garden Apartments) . <br /> Council Member Kerr said it is great that the Fargo Garden Apartments <br /> will be taken over and rehabilitated. <br /> The following Resolution was then introduced: <br /> Resolution No. 93-196, Resolution Authorizing the City Manager to <br /> Request an Allocation of Federal "HOME" Program Funds for Use as Loan <br /> Proceeds for Low-Income Housing Purchase and Rehabilitation Costs and <br /> Authorizing the City Manager to Prepare and Execute the Documents <br /> Necessary to Loan the "HOME" Funds to Worthing Capital for Its Use in <br /> Obtaining and Rehabilitating Low-Income Housing Units (provides for a <br /> loan of federal "HOME" funds to Worthing Capital for the acquisition <br /> and rehabilitation of the 11 lower-income HOME units at Fargo Garden <br /> Apartments) . (2096) <br /> Introduced by Council Member Perry, who moved its adoption, seconded by <br /> Council Member Myers, and carried by the following called vote: <br /> AYES: Council Members Corbett, Kerr, Myers, Nahm, Perry, Polvorosa; <br /> Mayor Faria ( 7 ) <br /> NOES: None ( 0 ) <br /> ABSENT: None ( 0 ) <br /> D. Matter of Proposed Lease Contract for a Marriott Residence Inn Hotel at <br /> the Former Boatworks Site at the San Leandro Marina. <br /> - Resolution No. 93-197, Resolution Certifying Mitigated Negative <br /> Declaration and a Mitigation and Monitoring Plan for a Marriott <br /> Residence Inn Hotel (certifies that the proposed Residence Inn Lease <br /> does not pose significant environmental impacts) . (2746) <br /> Introduced by Council Member Myers, who moved its adoption, seconded <br /> by Council Member Polvorosa, and carried. by the following called <br /> vote: <br /> AYES: Council Members Corbett, Kerr, Myers, Nahm, Perry, <br /> Polvorosa; Mayor Faria ( 7 ) <br /> NOES: None ( 0 ) <br /> ABSENT: None ( 0 ) <br />