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HomeMy WebLinkAboutRES 10-275 RESOLUTION NO. 10-275 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City Manager be and he is hereby authorized to enter into a contract with Helbig Community Development Corporation(CDC)in the amount of$120,000 for the acquisition and rehabilitation of properties for lease to eligible low-to-moderate income families, said contract to be funded from the 2010 HOME Program. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 19th day of October, 2010. f - Mayor Becky Ames - RESOLUTION NO.11-10-071 WHEREAS, Resolution No. 10-275, dated October 19, 2010, authorized the City Manager to enter into a contract with Helbig Community Development Corporation (CDC) in the amount of $120,000 for the acquisition and rehabilitation of properties for lease to eligible low-to-moderate income families, which would be funded from the 2010 HOME Program; and, WHEREAS,Helbig Community Development Corporation(CDC)has requested that the authorization be amended to allow for the additional option of constructing new single- family homes for lease or sale to eligible low-to-moderate income families with all income received by Helbig being used toward the organization's affordable housing activities; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the statements and findings set out in the preamble to this resolution are hereby, in all things, approved and adopted; and, THAT Resolution No.10-275 be amended to allowforthe additional option of Helbig Community Development Corporation (CDC) to construct new single-family homes for lease or sale to eligible low-to-moderate income families with all income received by Helbig being used toward the organization's affordable housing activities. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 22nd day of February, 2011. JJI /��Q���IJAAQM, 11,1 - ayor Becky Ames -