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<br />. <br /> <br />. <br /> <br />. <br /> <br />I <br /> <br />. <br /> <br />RESOIlJI'IŒ 91-8 <br /> <br />RESOIlJI'IŒ OF nIE HXJSIOO AIJIH:nUTY <br />OF nIE CITI! OF SANTA ANA AtJ'lHJRIZIOO <br />EXECUl'IŒ OF nIE MEM:1RANIXJM OF UNDERSTANDIOO <br />RroARDIOO nIE RENI'AL REH1I.BILlTATIŒ P1<OGRAM <br /> <br />WHERFAS, the United states Department of HoosÍD1 ani uman Devel~Jt <br />("HDD") has ~ the Rsntal Rshabilitatia1 Fl:U: Law ("P1.UI;: Law") of the City <br />of Santa Ana ("CITI!") ani the HoosÍD1 Authority of the City of Santa Ana <br />(IIHJAII) p.¡rsuant to sectia1 17 of the United states HoosÍD1 Act of 1937 (42 <br />U.S.C. 1437); ani <br /> <br />WHERFAS, the CITI! has received a ocmni'bnant frail HDD for the P1.U: LðIu <br />for funds for Federal Fiscal Year 1990 to finance the rehabilitatia1 of rental <br />properties for the benefit of lower incaIIe families; ani <br /> <br />WHERFAS, the CITI! ani the HJA desire to set forth their rights ani <br />obliqatians oonc:emin;¡ the P1.ogran. in a MeIIm'an:ium of Un:ierstan:1in; to be <br />executed by the CITI! ani HJA. <br /> <br />NOW, 'n=Ut(!!¡, BE IT RESOLVED by the HoosÍD1 Authority of the City of <br />Santa Ana as follows: <br /> <br />1. <br /> <br />'Ihe Mem:>ran:ium of ~ is hereby a¡.proved ani aooepted <br />both as to form ani substance. <br /> <br />'Ihe 01ainuan is hereby authorized ani directed to execute the <br />MeIIm'an:ium of ~ ani fozward it to the Department of <br />HoosÍD1 ani UrlJan Devel~d.. of the United states of America, <br />together with such ather ñnct""""1ts as may be required. <br /> <br />3. '!his Resolutia1 shall take effect i1llll1lOt"lbtely. <br /> <br />ADOPI'ED, this 1 day of July , 1991 by the <br />followin;r vote: <br /> <br />2. <br /> <br />AYES: <br /> <br />7 <br />0 <br /> <br />Young, Acosta, Griset, McGuigan <br />Norton, Pulido, Richardson <br /> <br />N::JES : <br /> <br />MEMBERS : <br />MEMBERS <br /> <br />ABiSENI': <br /> <br />MEMBERS <br /> <br />kL°.LUil': <br /> <br /> <br />~/~~ <br />J. N <br />Executive Director <br /> <br />~ AS 'ro pœ.¡;: <br /> <br /> <br />ÍD1 Authority <br /> <br />NTE:lcj <br />