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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 l <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />RESOLUTION NO. R-62-05 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />COLTON APPROVING AND ADOPTING A COOPERATION <br />AGREEMENT WITH THE COUNTY OF SAN BERNARDINO <br />FOR THE PURPOSE OF BEING A CONSORTIUM MEMBER OF <br />THE HOME INVESTMENT PARTNERSHIP PROGRAM <br />WHEREAS, the Congress of the United States has enacted the Cranston - <br />Gonzales National Affordable Housing Act, as amended (42 U.S.C. 12701 et seq.) and <br />Federal Regulations have been adopted pursuant thereto, (hereinafter called the "ACT"); <br />and, <br />WHEREAS, Title II of the ACT creates the HOME Investment Partnership Program, <br />(hereinafter called "HOME"), that provides funds to states and local governments for the <br />acquisition, refinance, rehabilitation, and new construction of affordable housing and <br />tenant -based rental assistance; and, <br />WHEREAS, the ACT allows local governments to form consortia for the purpose of <br />receiving and administering HOME funds and carrying out purposes of the ACT; and, <br />WHEREAS, the County of San Bernardino is authorized to act as a representative <br />for all members of the Consortium for the purposes of the ACT, and to assume overall <br />responsibility for ensuring the Consortium's HOME program is carried out in compliance <br />with the ACT; and, <br />WHEREAS, the City of Colton qualifies as a Metropolitan City and has the option of <br />joining the County's HOME Consortium; and, <br />WHEREAS, the County of San Bernardino has requested that the City of Colton <br />enter into a Cooperation Agreement to participate in the HOME Consortium, which the <br />agreement will go into effect October 1, 2005 and remain in effect until September 30, <br />2008. <br />-1- <br />