RESOLUTION NO. 2024-XXXX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS
APPROVING AUTOMATIC RENEWAL OF THE COOPERATIVE
AGREEMENT TO FORM A HOME CONSORTIUM FOR THE
MANAGEMENT AND IMPLEMENTATION OF A HOME INVESTMENT
PARTNERSHIP PROJECT.
WHEREAS, the HOME Investment Partnerships Program authorizes contiguous units of local governments to form a consortium for the purposes receiving HOME funds to expand and preserve the supply of affordable housing for very low and low-income persons; and WHEREAS on July 14, 2020, the City Council of the City of San Marcos ("City") approved the three-year automatic renewal period of the Cooperative Agreement for the submission of a proposal to the United States Department of Housing and Urban Development (HUD) for HOME funding for the period FY2020-FY2023; and
WHEREAS, under the Cooperative Agreement, the County is authorized to accept HOME funding on the behalf of the City of San Marcos, and
WHEREAS, the City Manager notified the County of San Diego ("County") prior to the Cooperative Agreement expiration date of June 30, 2023, that the City intends to renew the Cooperative Agreement pending City Council approval, and WHEREAS, in order to continue to receive HOME funding through the County, the City must renew the Agreement for successive three year periods; and NOW, THEREFORE BE IT RESOLVED that the City Council of the City of San Marcos approves the automatic renewal of the Cooperative Agreement to Form a Home Consortium for the period of July 1, 2023 to June 30, 2026.
Resolution No. 2024-XXXX
Page No. 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of San Marcos, California, this 23rd day of July, 2024, by the following roll call votes:
Resolution No. 2024-XXXX
AYES: COUNCILMEMBERS:
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
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Rebecca D. Jones, Mayor
City of San Marcos
ATTEST:
______________________________
PhiIlip Scollick, City Clerk
City of San Marcos