CC Resolution No. 01-189RESOLUTION NO. 01-189
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CUPERTINO AUTHORIZING UP TO AN ADDITIONAL $800,000
FROM THE HOUSING MITIGATION FUND FOR CUPERTINO
COMMUNITY SERVICES' "HEART OF CUPERTINO"
DEVELOPMENT
WHEREAS, the City Council has recognized a need for affordable housing in the
city of Cupertino; and
WHEREAS, Cupertino Community Services is constructing 24 units of affordable
housing, known as the Heart of Cupertino, within the city of Cupertino; and
WHEREAS, the city has already approved $1,905,207.00 in funding for the
development; and
WHEREAS, Cupertino Community Services has experienced a $800,000 shortfall
in funding for the aforementioned development;
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Cupertino hereby approves up to an additional $800,000 in Housing Mitigation Fund
dollars for the "Heart of Cupertino" development.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 20th day of August, 2001 by the following vote:
Vote
Members of the City Council
AYES: Bumett, Chang, James, Lowenthal
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
APPROVED:
City Clerk (/
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