3-03 Linn Housing Rehabilitation Partnership
Resolution Number 03-03
A BILL FOR A RESOLUTION APPROVING PARTICIPATION IN AN INTERGOVERNMENTAL ENTITY, THE LINN COUNTY HOUSING REHABILITATION PARTNERSHIP, AND APPROVING TRANSFER OF ASSETS
WHEREAS, the City of Sodaville (“the City”) desires to join with other jurisdictions in Linn County, including Linn County and other cities, to provide low cost housing rehabilitation loans and grants to low and moderate income households within the City, using Community Development Block Grants and other funds, and
WHEREAS, the most effective means of partnering in this matter is to join the Linn County Housing Rehabilitation Partnership (LCHRP), an existing Chapter 190 intergovernmental entity; and
WHEREAS, ORS 190.003 to 190.110 allows for units of local government to participate in intergovernmental entities formed under such statutes;
WHEREAS, pursuant to the LCHRP intergovernmental agreement, the current members of the Linn County Housing Rehabilitation Partnership (LCHRP), have invited the City to participate in the LCHRP, [sic]
NOW, THEREFORE, the City of Sodaville ordains as follows:
Section 1
It is declared that the City Council ratifies the creation of, and declares its intent to join as a member of, the intergovernmental entity known as the Linn County Housing Rehabilitation Partnership (“LCHRP”). Exhibit "A" (attached and incorporated by reference) is a copy of the Intergovernmental Agreement (“IGA”) establishing such entity and setting forth the powers, duties and functions of the intergovernmental entity. The IGA provides for the addition of new members to the partnership, but it will need to be amended to add the City of Sodaville as a member and to make related changes before this Resolution can take effect.
Section 2.
The public purpose of the intergovernmental entity includes, but is not limited to, the following:
Determining housing rehabilitation policy for the participating jurisdictions;
Conducting a regional housing rehabilitation program;
Providing representation on the loan and advisory committees established by the Subgrantee to advise the Sub-grantee on operation and management of initial loan programs and the revolving loan fund;
Ensuring the establishment of a revolving loan fund by a qualified non-profit organization, the Sub- grantee, for the creation of flexible future funds from loan repayments;
Achieving maximum flexibility in the use of the Community Development Block Grant funds as allowed by 24 CFR Part 570.489(e)(2)(ii); and
Providing a mechanism for municipalities within Linn County to participate in the rehabilitation and maintenance of low and moderate income housing units within their respective jurisdictions.
Section 3.
As a member of the LCHRP, the City will fully participate in the LCHRP, including taking on the responsibilities set forth in Article III and Article VII of the IGA [sic]
Section 4.
Pursuant to the provisions of Article III .7 of the IGA, the City agrees to contract with the Sub-grantee selected by the LCHRP Board of Directors to receive any and all CDBG housing rehabilitation grants the City applies for, and to be the administrator and program manager for such grants on behalf of the City.
Section 5.
Pursuant to Article VII of the IGA, the City agrees to assign, within thirty days following the adoption of this Resolution, the following assets to the Revolving Loan Fund set up and owned by the Sub-grantee selected by the LCHRP Board of Directors: (check all that are appropriate)
[_] $ of Program Income on hand, including interest as of 200_.
[_] $ of Miscellaneous (non-Program) Income on hand, including interest as of __________, 2003
[_] $ in the City’s existing outstanding loan portfolio, which represents the principal amount due for __________ loans, from CDBG Grant No. __________
[_] All future program income from CDBG Grant No. __________
[_] % of the future Miscellaneous (non-Program) income from CDBG Grant No. __________
Section 6.
This Resolution shall take effect when the IGA, attached hereto as Exhibit A, has been amended to provide for the addition of the City of Sodaville as a member of the partnership.