HomeMy WebLinkAboutCity Council - 2000-57 RESOLUTION NO. 2 0 0 0-5 7
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF HUNTINGTON BEACH AUTHORIZING THE CITY ADMINISTRATOR
OR THE DIRECTOR OF ECONOMIC DEVELOPMENT
TO EXECUTE LOAN DOCUMENTS ON BEHALF OF THE CITY
RELATING TO THE CITY'S FIRST TIME HOME BUYER
AND HOUSING REHABILITATION LOAN PROGRAMS
WHEREAS, the City of Huntington Beach administrates a First Time Home Buyer Loan
Program and a Housing Rehabilitation Loan Program; and
During the implementation of these programs, it is often necessary for the City to execute
many loan related documents, such as loan subordinations, loan reconveyances, substitutions of
trustee, and other loan program related documents; and
The City Council desires to authorize the City Administrator and the Director of
Economic Development to execute such loan related documents on behalf of the City,
NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby
resolve as follows:
1. That the City Council hereby authorizes the City Administrator or the Director of
Economic Development to execute on behalf of the City such loan documents as are related to
the administration of the City's First Time Home Buyer Loan Program and Housing
Rehabilitation Loan Program, including but not limited to loan subordinations, loan
reconveyances, substitutions of trustee, and other loan program related documents.
PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a
regular meeting thereof held on the 19 t:h day of June , 2000.
ayor >ro Tem
ATTEST: APPROVED AS TO FORM:
City Clerk City Attorney
REVIEWED AND APPROVED: INIT TED AND APPROVED:
6P414 lraA�L. M/("yJA
City Adrrinistrator Director of Econom Development
g:4:2000resolxity-loan signatures
rls 99-676
Res. No. 2000-57
STATE OF CALIFORNIA )
COUNTY OF ORANGE ss:
CITY OF HUNTINGTON BEACH
I, CONNIE BROCKWAY, the duly elected, qualified City Clerk of
the City of Huntington Beach, and ex-off icio Clerk of the City Council of said
City, do hereby certify that the whole number of members of the City Council
of the City of Huntington Beach is seven; that the foregoing resolution was
passed and adopted by the affirmative vote of at least a majority of all the
members of said City Council at a regular meeting thereof held on the 19th
day of June, 2000 by the following vote: `
AYES: Julien, Sullivan, Harman, Green, Dettloff, Bauer
NOES: None
ABSENT: Garofalo
ABSTAIN: None
City Clerk and ex-officio 016rk of the
City Council of the City of
Huntington Beach, California