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21-503ORDINANCE NO. 21-503 AN ORDNANCE OF THE CITY OF DENTON AUTHORIZING THE CITY MANAGER TO SIGN AND SUBMIT TO THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT A 2021 ACTION PLAN FOR HOUSRqG AND COMMUNITY DEVELOPMENT WITH APPROPRLATE CERTIFICATIONS, AS AUTHORIZED AND REQUIRED BY THE HOUSING AND COMMUNITY DEVELOPMENT ACT OF 1974, AS AMENDED, AND THE NATIONAL AFFORDABLE HOUSING ACT OF 1990, AS AMENDED; AUTHORIZING THE COMMUNITY SERVICES MANAGER, OR DESIGNEE, TO SIGN RELEASE OF LIENS AND SUBORDINATION AGREEMENTS UPON CERTAIN CONDITIONS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Denton is concerned with the development of viable urban communities, including decent housing, a suitable living environment, and expanded economic opportunities; and WHEREAS, the City of Denton has a special concern for persons of low and moderate income; and WHEREAS, the City of Denton, as a Community Development Block Grant Entitlement City and a Home Investment Partnerships (“HOME”) Participating Jurisdiction, has prepared, in accordance with its approved 2020-2022 Consolidated Plan for Housing and Community Development and through a citizen participation process, a program for utilizing its 202 1 program year entitlement funds, program income, and reallocated funding from previous years in the approximate amount of $1,879,121.82 (the “202 1 Action Plan); and WHEREAS, citizen participation requirements, including the holding of public hearings, have been met; and WHEREAS, implementation of the 2021 Action Plan will require the execution of release of liens or subordination agreements related to funding provided in connection with the Home Improvement Program, Homebuyer Assistance Program and certain HOME-related programs; NOW THEREFORE: THE couNcn OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The findings and recitations contained in the preamble of this ordinance are incorporated herein by reference. SECTION 2. The City Manager is hereby authorized to sign and submit to the Department of Housing and Urban Development the 202 1 Action Plan, application, and appropriate certifications, attached hereto as Exhibit A and incorporated herein by reference, for entitlement funds under the Housing and Community Development Act of 1974, as amended, and the National Affordable Housing Act of 1990, as amended. SECTION 3. The Community Services Manager is hereby authorized to handle all fiscal and administrative matters related to the 2021 Action Plan, application and certifications, including any proportional increases or decreases in project or program funding required to match allocation amounts. SECTION 4. The Community Services Manager, or designee, is hereby authorized to execute release of liens, as approved by the City Attorney’s Office, related to the funding provided through the 2021 Action Plan and the satisfaction of applicable program requirements. SECTION 5. The Community Services Manager, or designee, is hereby authorized to execute subordination or similar agreements, as approved by the City Attorney’s Office, related to the funding provided through the 2021 Action Plan and the satisfaction of applicable program requrrements. SECTION 6. The City Secretary is hereby authorized to furnish copies of the approved ordinance to all interested parties. SECTION 7. This ordinance shall become effective immediately upon its passage and approval. The motion to approve this ordinance was made by 'FeLD \ hc \ ttC C and seconded by \); CL: By cd . The ordinance was passed and approved by the following vote n - II] : Aye ./ ,/ ,/ J J J / Nay Abstain Absent Mayor Gerard Hudspeth: Vicki Byrd, District 1 : Brian Beck, District 2: Jesse Davis, District 3 : Alison Maguire, District 4: Deb Armintor, At Large Place 5: Paul Meltzu, At Large Place 6: PASSED AND APPROVED thi, th, 'n=J d,y ,f Ty M2 ' 2021. ATTEST: ROSA RIOS, CITY SECRETARY b111111111f . ag/ac, _373%c> , APPROVED AS TO LEGAL FORM: CATHERINE CLIFTON, INTERIM CITY ATTORNEY "'#wdM4M""“:lg