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1987-01 HA
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1987-01 HA
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Last modified
1/3/2012 12:20:12 PM
Creation date
2/28/2005 2:22:13 PM
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Template:
City Clerk
Doc Type
Resolution
Doc #
HA 1987-01
Date
1/5/1987
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<br />" <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />F. <br /> <br />raduc:t:icn in the amount c:i. contr.act authority fex a ¡roject. H U D <br />notice of the revision shaD. constitute.an amendment of Exhil:lit ¡, <br />and the revise3 Exhiblt I superseães an'i ¡reviol.s Exhibit I fa: the <br />Program. <br /> <br />ACC Reserve Account. An ACC reserve account ma'i be <br />est:a hed and m . by II U.D in an amount lIS determined b'i <br />H UD. The A C C reserve account maybe used by' II U D fa: paYlMI\t <br />of any portion of the annual contz;ibut:!cn paym ent approvec:1 by <br />HUD. <br /> <br />- <br /> <br />G. Pert procedures: pre1imin Fee of Reœi' PHA. In <br />addition to the ma mum annualconttibutíOn com mltmentUnder <br />section 1.3.D, and payments from the ACC reserve account mder <br />secêon 1.3.F, HUD ma'iapprove additional annual cont:J:ibUt:lon <br />payments to the PHA fix the ¡upose of paying ¡re1iminarY fees to <br />another PH A acting as Receiving PHA in accxxdance with BUD <br />recpiréments under the portabiJJtY ¡roœdures. <br /> <br />H. Limit on Td:.aI pa m ents for pr at. The total œ annual <br />CXIJ'It.åJ:1¡ticns payments by' H U D fa: each ¡roject (\nc1J.xlliIgany <br />payments from the ACC reserve a:(X)unt as ¡rovièed in sect:!on <br />1.3.F, b1t rot: ~ any paY.Ulnta ~ðer sectiOn 1.3.G) thaD. rot: <br />be mexe than five times the Maximum AMual conb:ibutlon <br />Com lIIitment fex the ~cjec:t. <br /> <br />1.4. ACC. <br />- <br /> <br />A. This ACC fa: the program corsl.sts cf this ACC Part I (inc1.uding <br />Exhiblt] and the form ACC Part II ¡resc-r4h1oc5 by BUD for the <br />Housing Certificate program and Housing voucher program, <br />designated as form H U D 52520 E, and dated J~e 1985~ These <br />documents col'Etitut:e the wlcle ACC fa: the pIOgIam. <br /> <br />. <br />Page 3 of 5 pages <br /> <br />HUD 52520 D (June 1985) <br />
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