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10A Action 2021 0719
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10A Action 2021 0719
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7/15/2021 4:27:44 PM
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7/15/2021 4:27:34 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
7/19/2021
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Reso 2021-120 City Affordable Housing Funding Sources
(Approved by)
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\City Clerk\City Council\Resolutions\2021
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File Number: 21-456 <br />4. The City Council approves the allocation of One Million Six Hundred Thirty Five Thousand <br />Forty Dollars ($1,635,040) from the City’s Low-Mod Housing Asset Fund to Abode Communities <br />for the Project. <br />5. The allocations to Abode Communities approved by this Resolution are subject to the <br />approval by the City Council of loan agreements, regulatory agreements, and related documents <br />regarding the funding, as well as the formal appropriation of such funding. <br />6. The City Manager, or her designee, is authorized and directed to execute any and all <br />applications and documents for Alameda County’s approval of the proposed use of Measure A-1 <br />Bond funding, or all other actions necessary to carry out the purpose and intent of this resolution. <br />Page 3 City of San Leandro Printed on 7/15/2021 <br />875
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