HomeMy WebLinkAbout~Master - Annual Contributions Contract with HUD for Rental Subsidy Program RESOLUTION NO. 99-427
RESOLUTION APPROVING THE ANNUAL CONTRIBUTIONS CONTRACT (ACC)
RENEWAL WITH HUD FOR THE CITY'S SECTION 8 MODERATE
REHABILITATION RENTAL SUBSIDY PROGRAM
FOR THE CITY OF AMES,IOWA
WHEREAS,in February 1999,in accordance with HUD Notice PIH 99-14,the City Council
renewed the Housing Assistance Payment Contract (HAP) between the City and William Clark
(owner of the Sheldon-Munn Apartments)to continue the Section 8 Moderate Rehabilitation Rental
Subsidy Program at the Sheldon Munn Apartments for another year; and,
WHEREAS, even though the City has been receiving the rent funds from HUD for the
Moderate Rehabilitation Program since the renewal Contract began in June 1999,the paperwork to
continue funding ACC renewals is just now being processed since HUD is going through a national
reorganization at its field offices; and,
WHEREAS,HUD is now requesting that the City execute the Contract paperwork between
the City and HUD for the 31 Moderate Rehabilitation units that all expired by June 30, 1999, but
were renewed for one year(through June 30, 2000); and,
WHEREAS, the maximum amount of funding by HUD to the City for this Contract period
is $106,138.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the Annual Contributions Contract(ACC)Renewal with HUD for the City's Section 8 Moderate
Rehabilitation Rental Subsidy Program is hereby approved.
ADOPTED THIS 23rd day of November, 1999.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Cross
Seconded by: Wirth
Voting aye: Campbell, Cross, Hoffman, Parks, Wirth
Voting nay: None Absent: Quirmbach
Resolution declared adopted and signed by the Mayor this 23rd day of November, 1999.