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HomeMy WebLinkAboutRES. No. 541 RESOLUTION NO. 541 A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY APPROVING THE REVISED HOME IMPROVEMENT PROGRAM FOR VERY LOW, LOW AND MODERATE INCOME RESIDENTIAL HOMEOWNERS SUPERSEDING ALL PREVIOUS RESOLUTIONS APPROVING SAID PROGRAM NOW, THEREFORE, THE PALM DESERT REDEVELOPMENT HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section 1. The Palm Desert Redevelopment Agency (the "Agency"), in cooperation with the City of Palm Desert, has established a residential rehabilitation loan and grant program known as the Home Improvement Program (the "Program") for very iow, low and moderate income residential homeowners in the City. Section 2. The Agency wishes to modify the Program and its components to provide financial assistance to residential homeowners in connection with the correction of code violations, health and safety hazards, and improvements that are intended to reduce the consumption of natural resources. Section 3. The Agency has a limited budget for the Program. As a result, the Program is based on a first-come-first-served basis, except that urgent needs and improvements related to health and safety hazards will have first priority. Section 4. The Agency wishes to approve the modified Guidelines, Funding Components and Procedures for the Program outlined in Exhibit A attached hereto and incorporated herein by this reference. Section 5. The Executive Director may take any action which he believes is necessary or desirable to implement this R�solution so long as such action is not inconsistent with the intent hereof. PASSED, APPROVED AND ADOPTED by the Palm Desert Redevelopment Agency, this 12`h day of July 2007 by th�following vote, to wit: AYES: NOES: ABSENT: ABSTAIN: Richard S. Kelly, Chairman ATTEST: Rachelle D. 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