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HomeMy WebLinkAbout1972-11 HA -,. RESOLUTION NO. 72-11 . RESOLUTION AUTHORIZING EXECUTION OF ANNUAL CONTRIBUTIONS CONTRAGTFOR: SECTlON23 LEAS1NGOF PRIVATE ACGOMMÔfjATIONS AND PROVIDING FOR AGENERAL D'EPOS1TARY AGREEM'ENT FOR PROJECT NO. CAL 93-1 . WHEREAS the HOUSING AUTHORITY OF THE CITY OF SANTA ANA, CALIFORNIA, (herein called the "Local Authority") proposes (1) to enter into a contract (herein called the "Annual Contributions Contract") with the United States of America (herein called the "Government"); and (2) to provide for a General Depositary Agreement with BANCO DEL PUEBLO COMMERCIAL BANK, SANTA ANA (a member of the Federal Deposit Insurance Corporation, herein called the "Bank"); all with respect to any "Project" as defined in the Annual Contributions Contract, and which at any time, now or hereafter, is incorporated under the terms of such Contract. BE IT RESOLVED BY THE LOCAL AUTHORITY, AS FOLLOWS: , Section 1. The proposed Contract designated "Annual Contributions Contract for Section 23 Leasing of Private Accommodations", consisting of Parts One and Two, is hereby approved and accepted both as to form and substance and the Chairman or Vice Chairman is hereby authorized and directed to execute said Contract in two counterparts on behalf of the Local Authority, and the Secretary is hereby authorized and directed to impress and attest the official seal of the Local Authority on each such counterpart and to forward such executed counterparts to the Government, together with such other documents evidencing the approval and authorizing the execution thereof as may be required by the Government. I Section 2. A General Depositary Agreement, designated "HUD- 5199A" , is hereby approved and accepted both as to form and substance and the Chairman of the Housing Authority of the City of Santa Ana is hereby authorized and directed to execute said Agreement in triplicate on behalf of the Local Authority, and the Secretary Pro Tem is hereby authorized and directed to impress and attest the official seal of the Local Authority on each such counterpart and to forward three executed counterparts thereof to the Government together with such other documents evidencing the approval and authorizing the execUtion thereof as may be required by the Government. 8 Section 3. The Chairman or Vice Chairman or the Secretary is hereby authorized and directed to file with the Government from time to time as payments are required, requisitions together with the necessary supporting documents requesting periodic payments to be made on account of the Annual Contributions Contract, and the proper officers of the Local Authority shall prepare, execute and deliver to the Government said requisitions in a form prescribed by the Government and shall accept payment therefore from the Government and such persons are authorized to do and perform all other things and acts required to be done or performed in order to obtain such payments, which shall be deposited and disbursed only in accordance with the provisions of the Annual Contributions Contract. Section 4. This Resolution shall take effect immediately. I I ! Z'-... - ~ .. L.r' PASSED AND ADOPTED this 21st day of August, 1972, by the following roll call vote: . AYES: COMMISSIONER: Villa, Yamamoto, Evans, Griset, Patterson NOES: COMMISSIONER: None ABSENT: COMMISSIONER: Herrin e ATTEST: , Bruce Spragg Secretary Pr I HEREBY CERTIFY that the foregoing Resolution was duly and regularly passed and adopted at a regular meeting of the Housing Authority of the City of Santa Ana held this 21st day of August, 1972. Bruce Spragg Secretary Pro I , 8