CC Resolution No. 01-188RESOLUTION NO. 01-188
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CUPERTINO AUTHORIZING 30-DAY EXTENSION OF
COMMITMENT OF FUNDS TO THE SANTA CLARA COUNTY
HOUSING TRUST FUND
WHEREAS, the City Council a executed an Agreement with the Housing Trust
Fund of Santa Clara County whereby the city of Cupertino contributed $250,0000 to the
trust; and
WHEREAS, Section 3.2.7 of said Agreement required the funds be disbursed or
contractually committed by August 28, 2001; and
WI-IEREAS, the Housing Trust Fund of Santa Clara County has requested a 30-
day extension of the disbursement period specified in Section 3.2.7 of the Agreement.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Cupertino hereby approves the aforementioned 30-day extension of the disbursement
period.
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 o__f th._.~e City Council
AYES: Bumett, Chang, James, Lowenthal
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
APPROVED:
Mayor, City of C~ino