1977-02 HA (2) - Laserfiche WebLink

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" , \ '. , ; . J , . . . . . . . 8 . . . RESOLUTION NO. PAGE TWO 4. The California First Bank and the Housing Authority have previously entered into a General Depository Agreement, Form HUD-51999A dated March 10, 1975, which provides for the deposit of specified monies of "...one or more additional low- rent housing projects ...". The Housing Authority hereby determines that pursuant to the terms of the Agreement, the aforenamed Bank shall be the Depositary for the Section 8 Housing Assistance Payments Program andforProject established under the Contract hereinabove approved. 5. The Chairman, of the Housing Authority is hereby authorized and directed to file with the Government from time to time as payments are required, requisitions together with the necessary supporting documents requesting periodic payments to be made on account of the Annual Contributions Contract, and the Executive Director of the Housing Authority shall prepare, execute and deliver to the Government said requisitions in a form prescribed by the Government and shall accept paýment therefor from the Government and the Executive Director is authorized to do and perform all other things and acts required to be done or performed in order to obtain such payments, which shall be deposited and'disbursed only in accordance with the provisions of the Annual Contributions Contract. ADOPTED this by the following vote: 15th day of August , 1977 AYES: NOES: COMMISSIONERS: Evans, Ward, Yamamoto, Ortiz COMMISSIONERS: None ABSENT: COMMISSIONERS: Brandt -. ATTEST: , , , ì ~---=-~-¡ . ~ , . .