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HomeMy WebLinkAbout08504ORDINANCE NO. 8504 AN ORDINANCE APPROVING AND RATIFYING A COOPERATION AGREEMENT BETWEEN THE CITY OF PUEBLO, A MUNICIPAL CORPORATION, AND THE COUNTY OF PUEBLO RELATING TO THE PARTICIPATION IN AND CONDUCT OF THE FEDERAL HOME INVESTMENT PARTNERSHIPS PROGRAM AND PROVIDING FOR THE EXECUTION THEREOF BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The Agreement between the City of Pueblo, and the County of Pueblo dated August 13, 2012, and effective October 1, 2012, relating to participation in and the conduct of the Federal HOME Investment Partnerships Program (‘Agreement’) for Federal FY 2012-2015, is hereby accepted and approved, and Resolution No. 12461 of the City Council is hereby ratified. SECTION 2. Except to the extent budgeted and appropriated, no funds of the City may be used for any purpose under the Agreement. No application for federal assistance pursuant to the Agreement shall be made or submitted unless duly authorized by the City Council. INTRODUCED: August 13, 2012 BY: Sandy Daff COUNCIL PERSON PASSED AND APPROVED: August 27, 2012 Background Paper for Proposed ORDINANCE DATE: August 13, 2012 AGENDA ITEM # S-3 DEPARTMENT: HOUSING AND CITIZEN SERVICES ADA RIVERA CLARK, DIRECTOR TITLE AN ORDINANCE APPROVING AND RATIFYING A COOPERATION AGREEMENT BETWEEN THE CITY OF PUEBLO, A MUNICIPAL CORPORATION, AND THE COUNTY OF PUEBLO RELATING TO PARTICIPATION IN AND THE CONDUCT OF THE FEDERAL HOME INVESTMENT PARTNERSHIPS PROGRAM AND PROVIDING FOR THE EXECUTION THEREOF ISSUE Should City Council approve and ratify the Intergovernmental agreement between the City of Pueblo and the County of Pueblo for a joint funding effort under the Federal HOME Investment Partnership Act Grant to provide safe, sanitary housing, for low- and moderate-income families? RECOMMENDATION Approval of the Ordinance. BACKGROUND The City of Pueblo and Pueblo County since the inception of the federal HOME Program in 1992 have operated under a Consortium agreement whereby the HOME funds have been shared on a percentage basis. While the City of Pueblo is the Entitlement Community there have been mutual benefits in continuing this administrative arrangement. The City as the Participating Jurisdiction acts in a representative capacity, and therefore assumes overall responsibility for ensuring that the Consortium’s HOME Program (City and County programs) is carried out in compliance with the requirements of the HOME Program regulations, including requirements concerning a Consolidated Plan. The City assumes this responsibility, and there is no cost to the County. Based upon the deadline for submission of the consortium documents to HUD, City Council previously passed Resolution No. 12461 approving the Agreement. This Ordinance ratifies that action in order to comply with §3-8 of the Charter. FINANCIAL IMPACT By entering into consortium, the City of Pueblo receives more funding than would be allocated to it under the Entitlement Community Allocation Formula. The County receives HOME funding that it would not otherwise be eligible to receive on a non-competitive basis. The funds are split on an 80/20 basis after set asides for administrative costs and funding of Community Housing Development Organizations (CHDO).