HomeMy WebLinkAbout~Master - Approving Housing Assistance Payments Renewal Contract and Contribution Contract RESOLUTION NO. 99-331
RESOLUTION APPROVING THE HOUSING ASSISTANCE PAYMENTS
RENEWAL CONTRACT AND THE ANNUAL CONTRIBUTIONS
CONTRACT RENEWAL IN CONNECTION WITH THE SECTION 8
SUBSTANTIAL REHABILITATION RENTAL SUBSIDY PROGRAM
FOR THE CITY OF AMES, IOWA
WHEREAS, the City was notified via HUD Notice H98-34 that owners of multi-family
housing projects (four or more units) that have Housing Assistance Payments (HAP) contracts
expiring in fiscal year 1999 must comply with the procedures outlined in the Notice in order to
receive a one-year contract renewal; and,
WHEREAS staff contacted the Sheldon-Munn Corporation, Inc.,regarding their interest in
renewing the HAP contract with the City of Ames per this Notice; and,
WHEREAS, the Sheldon-Munn Corporation, Inc., has agreed to renew the HAP contract
with the City in accordance with the requirements in the above-mentioned Notice; and,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the Mayor is hereby authorized to sign the HAP Renewal Contract and the Annual Contributions
Contract (ACC) in connection with the City's Section 8 Substantial Rehabilitation Program for
Project No. IA058023010 for 18 units located in the Sheldon-Munn Apartments for one year
beginning August 1999.
ADOPTED THIS 14th day of September, 1999.
C�,t�)R. Ly-i-al- ,�( 5gL,.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Cross
Seconded by: Hoffman
Voting aye: Campbell, Cross, Hoffman, Parks, Quirmbach, Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 14th of September, 1999.