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09601 RESOLUTION NO. 960 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING HILLS, CALIFORNIA, ASSIGNING THE AVAILABLE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS FOR FISCAL YEAR 2002-2003, FISCAL YEAR 2003-2004 AND FISCAL YEAR 2004-2005 TO THE CITY OF LOMITA, CALIFORNIA. WHEREAS, the City of Lomita provides Residential Rehabilitation Programs for eligible low and moderate income residents, hereinafter referred to as "PROGRAM"; and WHEREAS, the City of Rolling Hills has historically allocated its CDBG funds for projects addressing 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 100% of its allocation of available FY 2002-2003, FY 2003-2004 and FY 2004-2005 CDBG funds to the City of Lomita 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 Lomita all of its FY 2002-2003, FY 2003-2004 anf FY 2004-2005 City of Rolling Hills available Community Development Block Grant Funds in the amount of $25,929 to share in the cost of the PROGRAM. Section 2. The City Manager is hereby authorized and empowered to execute all necessary applications, contracts and agreements to implement and carry out the purpose of the Community Development Block Grant Program. Section 3. The City Clerk shall certify to the adoption of this Resolution and shall forward certified copies to the LOS ANGELES COUNTY COMMUNITY DEVELOPMENT COMMISSION, the CITY OF LOMITA, and the LOS ANGELAS COUNTY BOARD OF SUPERVISORS. /I A APPROVED AND ADOPTED THIS 9th DAY OF AU TAOVAS 1 f IN$HNMER, MAYOR ATTEST: MARILYN L. ERN, DEPUTY CITY CLERK Resolution No. 960 -1- STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) �� CITY OF ROLLING HILLS ) I certify that the foregoing Resolution No. 960 entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING HILLS, CALIFORNIA, ASSIGNING THE AVAILABLE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS FOR FISCAL YEAR 2002-2003, FISCAL YEAR 2003-2004 AND FISCAL YEAR 2004-2005 TO THE CITY OF LOMITA, CALIFORNIA. was approved and adopted at a regular meeting of the City Council on August 9, 2004 by the following roll call vote: AYES: Councilmembers Black, Hill, Lay, 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 CLLrRK Resolution No. 960 -2- 1 1