Desk Item 12 Staff Report Adopt Resolution Authorizing Town Manager to Execute CDBG Funding Agreement with Community Developers - Local Development Corporation and to Execute Related Documents as RequiredReformatted: 10/23/95
DATE:
TO:
FROM:
SUBJECT:
DISCUSSION:
MEETING DATE: 2/1/99
ITEM NO. 12 & R-4
COUNCIL/REDEVELOPMENT AGENCY DESK ITEM
AGENDA REPORT
February 1, 1999
MAYOR AND TOWN COUNCIL/CHAIR AND MEMBERS OF THE REDEVELOPMENT
AGENCY
TOWN MANAGER/EXECUTIVE DIRECTOR
ADOPT RESOLUTION AUTHORIZING TOWN MANAGER TO EXECUTE CDBG
FUNDING AGREEMENT WITH COMMUNITY DEVELOPERS - LOCAL
DEVELOPMENT CORPORATION AND TO EXECUTE RELATED DOCUMENTS AS
REQUIRED
ADOPT RESOLUTION AUTHORIZING EXECUTIVE DIRECTOR TO EXECUTE RDA
FUNDING AGREEMENT WITH COMMUNITY DEVELOPERS -LOCAL
DEVELOPMENT CORPORATION (CD-LDC) AND TO EXECUTE RELATED
DOCUMENTS AS REQUIRED
The attached letters were received after initial reports were distributed to Council/Agency.
Attachments:
1. 1/31/99 letter from area residents supporting funding for project
2. 2/1/99 letter from Robert and Nan Bixler supporting project
PREPARED BY: DAVID W. KNAPP
Town Manager/Executive Director
DWK:pg
MGR145 A:ICNCLRPTSI2-1.1
Reviewed by: Attorney/Counsel Finance
Revised: 2/1/99 4:00 pm
.)anuary 31, 1999
Mayor Jan Hutchins and Councilmembers
Los Gatos Town Council
Town of Los Gatos `
110 E. Main Street
Los Gatos, CA 95030
Re: Los Gatos Creek Village Apartments
We want to thank you for your continued consideration of the above
project for much needed affordable housing in Los Gatos and ask that
you consent to approval of Redevelopment funding to make it possible.
We further sincerely hope that you recognize the diligence of
Community Housing Developers in utilizing the site to provide
affordability and proximity for low income people working in Los
Gatos. We ask that you vote affirmatively on their appeal.
Thank you,
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FEB - 1 1999
TOWN OF LOS GATOS
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