8326-09 Apply for Funds OH Neighborhood Stabilization

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RESOLUTION N0. 8326-09 REFERRED TO THE COMMITTEE OF THE WHOLE 2@/09 BY: Antonio, Butler, Dever, Madigan, Powers, Summers. A RESOLUTION to take effect immediately provided it receives the affirmative vote of at least five (5) members elected to Council otherwise, it shall take effect and be in force after the e4arliest period allowed by law, authorizing the Mayor, on behalf of the City, to apply for and accept financial assistance under the Ohio Neighborhood Stabilization Program in order to direct funds to projects which address vacant, abandoned and foreclosed in a manner compliant with the State of Ohio's requirements and the federal regulations stated in Title III of Division B of the Housing and Economic Recovery Act, 2008 (HERA). WHEREAS, the State of Ohio, through the federal Department of Housing and Urban Development, administers financial assistance for; and WHEREAS, the City of Lakewood would benefit from a direct allocation of funding to sources to fund eligible activities that address vacant, abandoned and foreclosed properties within the City of Lakewood; and WHEREAS, this Council by a vote of at least five (5) members elected thereto determines that this resolution is an emergency measure, and that this resolution shall take effect at the earliest date possible as set forth in ARTICLE III, SECTONS 10 and 13 of the SECOND AMENDED CHARTER OF THE CITY OF LAKEWOOD, and that it is necessary for the immediate preservation of the public property, health and safety, and to provide for the usual daily operation of municipal departments applications for these funds must be submitted to the State of Ohio Department of Development no later than February 27, 2009. Now Therefore, BE IT RESOLVED BY THE CITY OF LAKEWOOD, STATE OF OHIO Section 1. That the Mayor, on behalf of the City, be and is hereby authorized to execute and file an application for the Ohio Neighborhood Stabilization Program with the Ohio Department of Development and to provide all information and documentation required to become eligible for possible funding assistance. Section 2. That the City of Lakewood does agree to obligate the funds required to satisfactorily complete the proposed project and become eligible for reimbursement under the terms and conditions of the Ohio Neighborhood Stabilization Program. Section 3. It is found and determined that all formal actions of this Council concerning and relating to the passage of this resolution were adopted in an open meeting of this council, and that all such deliberations of this Council and any of its committees that resulted in such formal action, were in meetings open to the public, in compliance with. all legal requirements.