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DMF: ms <br />1/3/80 <br /> <br />RESOLUTION NO. 80-10 <br /> <br />A RESOLUTION OF THE CITY COUNCIL <br />OF THE CITY OF SANTA ANA AUTHORIZING <br />LOANS UNDER CERTAIN CIRCUMSTANCES TO <br />PAY ALL OR A PORTION OF QUALIFIED <br />PROPERTY OWNERS' SHARES OF SPECIAL <br />ASSESSMENTS. <br /> <br /> WHEREAS, federal regulations (24 CFR 570.200(f)) <br />provide that Community Development Block Grant ("CDBG") <br />funds received from the United States Department of Housing <br />and Urban Development ("HUD") may be used to pay the property <br />owners's share of costs of public improvement of property <br />owned or occupied by iow- and moderate-income households in <br />a special assessment district; and <br /> <br /> WHEREAS, CDBG funds in the amount of $64,000 were <br />approved by the City Council in the third and fourth year <br />CDBG budget for loans to needy low- and moderate-income <br />property owners in special assessment districts to pay their <br />share of costs of public improvements in said districts; and <br /> <br /> WHEREAS, Assessment District 242 was created in <br />the City of Santa Ana in accordance with the "Improvement <br />Act of 1911," California Streets and Highways Code Sections <br />5000 e~t seq. by Resolutions 78-67 and 78-68 of this Council; <br />and <br /> <br /> WHEREAS, the City Council adopted Resolution <br />79-222 confirming assessments in Assessment District 242 <br />pursuant to the Improvement Act of 1911 on December 3, 1979; <br /> <br />and <br /> <br /> WHEREAS, Section 5129 of the California Streets <br />and Highways Code permits use of federal funds for the <br />payment of assessments levied, on lands owned and occupied <br />by low- and moderate-income households, by legislative <br />bodies in special assessment districts created under the <br />Improvement Act of 1911; and <br /> <br /> WHEREAS, the City of Santa Ana desires to lend <br />Community Development Block Grant funds received from HUD to <br />pay all or a portion of special assessments on properties <br />owned and occupied by certain qualified low- and moderate- <br />income households in Assessment District 242 in amounts not <br />greater than $2,000.00 for each benefited property. <br /> <br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL <br />OF THE CITY OF SANTA ANA, that loans using Community Develop- <br />ment Block Grant funds to pay all or a portion of the property <br />owner's share of costs of public improvements benefiting <br />properties owned and occupied by qualified low- and moderate- <br />income households in Special Assessment District 242, created <br />under the Improvement Act of 1911, are hereby authorized, <br /> <br /> <br />