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RESOLUTION NO. 135-2005
APPROVING PARTICIPATION IN TRI-V ALLEY HOUSING OPPORTUNITY
CENTER AND APPROPRIATING FUNDS FOR PROJECT COSTS
WHEREAS, the Town of Danville recognizes the desirability and efficiency of coordinating
Tri-Valley Area housing efforts through the creation and operation of the Tri-Valley
Housing Opportunity Center (the Center); and
WHEREAS, a Public Participating Jurisdiction Agreement (PPJA) is to be established
amongst the five Tri-Valley cities (i.e., the Town of Danville and the cities of Dublin,
Livermore, San Ramon and Pleasanton) to coordinate and direct the financial contributions
from each of the jurisdictions to the Center; and
WHEREAS, by making a financial contribution to the Center, Danville and the other four
Tri-Valley jurisdictions are recognizing the need for the Center, which will operate as a
non-profit home buyer education center working regionally to promote affordable
homeownership and rental opportunities in the Tri-Valley region; and
WHEREAS, Policies contained within the Town of Danville's 2010 General Plan Housing
Element, including Policies 4.03, 4.04 and 4.06, serve to direct that Town action be taken to
work with local financial institutions and builders to promote homeownership
opportunities, to expand financial resources available for affordable housing, and to
promote the development of affordable housing through intergovernmental coordination;
now, therefore, be it
RESOLVED that the Danville Town Council appropriates $50,000 would be appropriated
from the General Fund in three equal installments of $16,600 for, fiscal years 2005/06 -
2007/08; and,be it further
RESOLVED that the Danville Town Council authorizes the Town Manager, on behalf of
the Town, to review and execute a Public Participating Jurisdiction Agreement that serves
to coordinate and direct the financial contributions that are being made by the five member
cities in the Tri-Valley Area to the Center.
APPROVED by the Danville Town Council at a regular meeting on November 1, 2005 by
the following vote:
PAGE 1 OF RESOLUTION NO. 135-2005
AYES:
NOES:
ABSTAIN:
ABSENT:
Doyle,
None
None
None
Stepper, Andersen, Arnerich, Shimansky
APPROVED AS TO FORM:
ATTEST:
~11 ~-J
CITY ATTORNEY
~
CITY CLERK
PAGE 2 OF RESOLUTION NO. 135-2005