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08681 RESOLUTION NO. 868 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING HILLS, CALIFORNIA, ASSIGNING AVAILABLE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS FOR FY 1999=2000 TO THE CITY OF RANCHO PALOS VERDES, CALIFORNIA, WHEREAS, the City of Rancho Palos Verdes provides a Home Improvement Program, established in 1998, for eligible low and moderate income residents, hereinafter referred to as "PROGRAM"; and WHEREAS, the City has historically allocated its CDBG funds for regional housing needs; and WHEREAS, the City of Rolling Hills has determined that the aforementioned PROGRAM is in the general interest of the City of Rolling Hills regarding the support of housing element objectives; and WHEREAS, the City of Rolling Hills is willing to assign its allocation of available FY 1999-2000 CDBG funds to the City of Rancho Palos Verdes to share in the cost of the PROGRAM. NOW, THEREFORE, the City Council of the City of Rolling Hills, California, does hereby resolve as follows: Section 1. The City of Rolling Hills hereby assigns to the City of Rancho Palos Verdes its FY 1999-2000 City of Rolling Hills available Community Development Block Grant Funds to share in the cost of the PROGRAM. Section 2. The City Clerk shall certify to the adoption of this Resolution and shall forward certified copies to the LOS ANGELES COUNTY COMMUNITY DEVELOPMENT COMMISSION, the CITY OF RANCHO PALOS VERDES, and the LOS ANGELES COUNTY BOARD OF SUPERVISORS. Section 3. The Mayor is hereby directed to affix his signature to this Resolution, and the City Clerk, or duly authorized Deputy is directed to attest thereto. APPROVED AND ADOPTED THIS 26th DAY OF July, 1999. THOM-XS F. HEINSHEIMER MAYOR ATTEST: MARILYN L. KERN, DEPUTY CITY CLERK Resolution No. 868 -1- STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) �� CITY OF ROLLING HILLS ) I certify that the foregoing Resolution No. 868 entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING HILLS, CALIFORNIA, ASSIGNING AVAILABLE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS FOR FY 1999-2000 TO THE CITY OF RANCHO PALOS VERDES, CALIFORNIA, was approved and adopted at a regular meeting of the City Council on July 26, 1999 by the following roll call vote: AYES: Councilmembers Hill, Lay, Murdock, Mayor Pro Tem Pernell and Mayor Heinsheimer. NOES: None. ABSENT: None. ABSTAIN: None . and in compliance with the laws of California was posted at the following: Administrative Offices DEPUTY CITY CL RK 1 C Resolution No. 868 -2-