HomeMy WebLinkAbout1980-10 HA
t
.
8
.
.
.
.
8
.
.
.
-
. ':" "'''
.
.
DMF/fm
8/28/80
RESOLUTION NO. 80- 10
RESOLUTION OF THE HOUSING AUTHORITY OF THE
CITY OF SANTA ANA AUTHORIZING EXECUTION OF
SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM
REVISED MASTER SECTION 8 ANNUAL CONTRIBUTIONS
CONTRACT NO. SF-503 FOR MODERATE REHABILITA-
TION PROGRAM INCLUDING PROJECT NO. CA16-K093-
001 AND PROVIDING FOR THE DEPOSIT OF MONIES
PURSUANT TO A GENERAL DEPOSITARY AGREEMENT
WHEREAS, the Housing Authority of The City of
Santa Ana (herein called the "Public Housing Agency") proposes
(1) to enter into a Section 8 Housing Assistance Payments
Program Master Section 8 Annual Contributions Contract
(herein called the "Contract") with the United States of
America (herein called the "Government")¡.'and (2) to provide
for the deposit of monies pursuant to a.General Depositary
Agreement with a financial institution which is a member of
the Federal Deposit Insurance COrpor~tion (herein called the
"Bank")¡ all with respect to any "project" as defined in the
Contract, and which at any time, now or hereafter, is incor-
porated under the terms of such Contract.
BE IT RESOLVED BY THE PUBLIC HOUSING AGENCY, AS
FOLLOWS:
Section 1. The proposed contract, designated "Section
8 Housing Assistance Payments Program Master Section 8
Annual Contributions Contract," pursuant to the United
States Housing Act of 1937, as amended, consisting of Three
Parts, is hereby approved and accepted both as to form and
substance, and the Chairman is hereby authorized and directed
to execute said Contract in three counterparts on behalf of
the Public Housing Agency 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.
Section 2. The California First Bank and the Public
Housing Agency have previously entered into a General
Depositary Agreement, Form HUD-51999A dated September 4,
1975, which provides for the deposit of specific monies of
". . . one or more additional low rent housing projects. . . .
The Public Housing Agency hereby determines that pursuant to
the terms of the Agreement the aforenamed bank shall be the
Depositary for the Section 8 Housing Assistance Payments
Program established under the Contract hereinabove approved.
II
Section 3. The Chairman, Vice-Chairman or Executive
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 Public Housing Agency shall prepare, execute and deliver
to the Government said requisitions in a form prescribed by
the Government and shall accept payment therefor from the,
6A
~~.
.
.
.
.
.
.
8
.
.
'-
,
.
.
RESOLUTION NO. 80-10
PAGE TWO
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.
ADOPTED, this
the following vote:
t2nJ
day of .~~~m~, 1980 by
AYES: 6
NOES: 0
MEMBERS: Grlset. Serrato. Bricken. Ward. Luxembourger and Yamamoto
MEMBERS:
ABSENT: 1
MEMBERS: Markel
ATTEST:
~.-
EXECU IVE DIRECTOR
APPROVED AS TO FORM:
tL
6A