Series 101 2000 ORDINANCES/RESOLUTIONS
Section 101-396 Res. 158-00; Revised Agreement w/Columbia Community Development Corporation RE: HOME Funds
Council Bill No.
authorizing a revised agreement with Columbia Community Development Corporation
approving a request to utilize $10,000 of HOME funds for administrative costs.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF COLUMBIA, MISSOURI, AS
SECTION 1. The City Council hereby determines that the
use of HOME funds for the
purpose of constructing new housing and for rehabilitation of existing housing for sale to low
and moderate income families and individuals is an appropriate means to achieve the Citys
community development objectives.
SECTION 2. The City Manager is hereby authorized to execute
a revised agreement with the
Columbia Community Development Corporation for payment for new construction of housing
and for rehabilitation of existing housing.
SECTION 3. The form and content of the revised agreement
shall be substantially as set forth
in "Attachment A" attached hereto and made a part hereof as fully as if set forth herein verbatim.
SECTION 4. The request by Columbia Community Development
Corporation to utilize
$10,000 of HOME Funds for administrative costs in FY 2000 is hereby approved.
ADOPTED this 7th day of August, 2000.