CC Resolution No. 7039
RESOIIJ'I'ION NO. 7039
A RESOIIJ'I'ION OF '!HE CITY CXXJNCIL OF THE CITY OF aJPERl'INO
ALIDC'ATING $65,000 OF THE SENIOR CITIZEN HOOSING FUND
'IO AIXJIJI'S ':æMARœ INDEPENDENT LIVING FOR '!HE
EXPANSION AND REM)DEL OF AN EXISTING
RESIDENCE IDCATED I>œ
19147 ANNE IANE
WHEREAS, the Senior Citizen Housing Fun:l was created with Community
Development Block Grant Monies; and
WHEREAS, the pw:pose of the furxi is to support housing projects for low
and moderate income senior citizens and han:licapped individuals; and
WHEREAS, the subject project was originally reviewed by the City Council
in conjunction with allocation hearings for the 'IWelfth Year Community
Development Block Grant Pro.,¡I.am and the applicant was directed to approach
the Council again at a later date; and
WHEREAS, the subject project will ilt1prove the livability of the house
for the existing seven disabled residents.
NCM, 'I'HEl<J!;J:'uRE, BE IT RESOLVED that the City Council of the City of
CUpertino hereby allocates $65,000 of the Senior Citizen Housing Fun:l to
Adults Towards In:lependent Living to expan:l and re100del an existing
residence for disabled persons, based on the following corxiitions:
1. '!he re1OOdeljexpansion shall be consistent with the plans reviewed
by the City Council on December 9, 1986. Minor modifications to
those plans may be peDn.itted, subject to the approval of the
Planning Director.
2. CUpertino residents and the :iJmnediate relatives of CUpertino
residents shall receive first priority for obtaining a roam, to
the maximum extent feas:ilile.
3. $60,000 is available as a zero interest, 15 year deferred loan.
The loan shall be renegotiated in 15 years and a repayment
schedule established, based on the beneficiaIY's ability to repay
the loan. The loan shall be repayed :iJmnediately upon sale of the
house. $5,000 is available as a grant.
RESOIlJTION NO. 7039
4. City loans on the project, including the prior $10,000 loan,
shall be in secorxi position, subordinate to the mortgage and
senior to the state loan.
5. '!he $200 surplus fran the prior $10,000 loan may be used to pay
County plan check fees, provided Adults Towards Independent
Living first demonstrates that the County will not waive these
fees.
BE IT FURI'HER RESOLVED, that the City Manager or his representative is
hereby authorized to submit a request to the County of Santa Clara to
administer the aspects of the loan pertaining to Community Development
Block Grant regulations.
PASSED AND AOOPI'ED this 9th day of December, 1986, by the following vote:
Vote Members of the City Council
AYES: Gatto, Johnson, Plungy, Rogers, Sparks
NOES: Absent
ABSENT: None
ABSTAIN: None
A'ITEST:
APPROVED:
Isl Dorothv Cornelius
city Clerk
Isl W. Reed Sparks
Mayor, City of CUpertino