HomeMy WebLinkAbout18-97 •
RESOLUTION NO, 18-97
RESOLUTION OF THE CITY COUNCIL OF THE
TOWN OF LOS ALTOS HILLS REQUESTING THE
SANTA CLARA COUNTY BOARD OF SUPERVISORS TO
REDIRECT $100,000 OF COMMUNITY DEVELOPMENT BLOCK
GRANT FUNDS FROM THE TOWN OF LOS ALTOS HILLS TO
THE CITY OF LOS ALTOS
WHEREAS, Title 1 of the Federal Housing and Community'Development Act of
1974, as amended,provides for a program of Community Development Block.Grants;
WHEREAS, the Town of Los Altos Hills is not eligible to apply directly for
entitlement funds under the Act but, as a participant in a cooperative agreement with
Santa Clara County, can thereby receive such funds;
WHEREAS, the Town annually receives an allotment of CDBG funds from the
County, designated primarily for the purpose of providing low interest loans for low-
income housing rehabilitation;
WHEREAS, the Town currently has a balance of available funds of $151,926,
well in excess of anticipated needs for housing rehabilitation loans;
WHEREAS, the neighboring City of Los Altos has an established CDBG
program, supports common community service organizations, and funds projects in the
vicinity which may provide benefit to the Town of Los Altos Hills and its residents;
WHEREAS, the City of Los Altos appears willing to allocate designated Town of
Los Altos Hills CDBG funds to eligible projects and services;
NOW, THEREFORE, the City Council of the Town does RESOLVE to request
that the Santa Clara County Board of Supervisors redirect.$100,000 of the Town's
Community Development Block Grant allocation to the City of Los Altos, such,funds to
be allocated to eligible projects and services in the North Santa Clara County area. '
PASSED AND ADOPTED this 7th day of May ' , 1997.
BY:
Ma or
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City Clerk