Res 46-87 RESOLUTION NO. 46-87
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DELRAY BEACH,
FLORIDA, AUTHORIZING THE FILING OF AN APPLICATION FOR AN URBAN
DEVELOPMENT ACTION GRANT, INCLUDING ALL UNDERSTANDINGS AND
ASSURANCES CONTAINED THEREIN, ON BEHALF OF THE CITY OF DELRAY
BEACH FOR A PROJECT KNOWN AS "AUBURN TRACE"; ACCEPTING THE TERMS
AND CONDITIONS AS STATED IN THE PROJECT APPLICATION AND SUBJECT
TO CONDITIONS TO BE DETAILED IN FUTURE GRANT AGREEMENTS;
AUTHORIZING THE CITY MANAGER TO ACT AS THE OFFICIAL
REPRESENTATIVE OF THE CITY; PROVIDING FOR MAKING FUNDS AVAILABLE;
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, on July 14, 1987 the City Council of the City of
Delray Beach, Florida, did authorize an application to thee
Department of Housing and Urban Development for a determination
of eligibility under the "Pocket of Poverty" criteria of the
Urban Development Action Grant program; and,
WHEREAS, on November 19, 1987 the City was advised by
officials of the Department of Housing a;~ Urban Development
that an area of the City had met the eligibality requirements of
the program; and,
WHEREAS, on November 10, 1987 the City Council of the City
of Delray Beach, Florida, did tentatively approve a contract for
the sale of a parcel of land to the Procacci Development
Corporation for the purpose of developing a rental housing
project known as "Auburn Trace", affordable to families of low
to moderate income of the community, subject to the receipt of an
Urban Development Action Grant for the project and such other
terms and conditions as apply; and,
WHEREAS, the City Council of the City of Delray Beach did
provide due notice and conduct public hearings on November 17,
1987 and again on November 24, 1987 for the purpose of obtaining
the views of the citizens, particularly the residents of the area
of the proposed project, on the proposed project.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS:
Section'l. That the City Manager (or Acting City Manager) of
the City of Delray Beach, Florida, is hereby authorize] and
directed to prepare and file an application to the Department of
Ho?sing and Urban Development on behalf of the City of Delray
Beech, Florida, for an Urban Development Action Grant ia the
amcunt of $5,500,000 for the Auburn Trace project, subject ~o the
te~ ms and conditions of the November 10, 1987 agre,,ment
tertatively approved with the Procacci Development Corporation.
Section 2. That the City Manager (or Acting City Manag~r) is
hereby authorized and directed to execute a letter of coI~mi%tment
to the Procacci Development Corporation agreeing to submit the
Urban Development Action Grant application, implement the
project, administer the loan, and commit to the assurances
specified in 24 CFR, Part 570.
Section 3. That the City Manager (or Acting City Manager) is
hereby directed and authorized to act as the official
representative of the City of Delray Beach in connection with
this application and to provide such additional information as
may be required by the Department of Housing and Urban
Development.
Section 4. That upon the closing of the November 10, 1987
contract for the sale and purchase of land to the Procacci
Development Corporation the City will encumber the $1,100,000
purchase price from that sale for the purpose of providing the
required 20% in matching funds for the Urban Development Action
Grant.
Section 5. That the City Council of the City of Delray
Beach, Florida, hereby finds that this project is not a major
federal action which will have a significant effect on the human
environment and that a request to the Department of Housing and
Urban Development for the release of project funds will not
require an Environmental Impact Statement.
Section 6. That a copy of the grant application will be on
file in the office of the City Clerk and will be available for
public inspection during normal working hours.
Section 7. That this Resolution shall become effective
immediately upon its passage.
PASSED AND ADOPTED in regular session his 24th day of
November, 1987.
MAYOR
ATTEST:
CITY CLERK
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