HomeMy WebLinkAboutResolution 3056 Revising structure of CDBG Loan Review Committee, and renaming it CAHAB
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COMMISSION RESOLUTION NO. 3056
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, REVISING THE STRUCTURE OF THE COMMUNITY DEVELOPMENT
BLOCK GRANT (CDBG) LOAN REVIEW COMMITTEE, RENAMING IT THE
"COMMUNITY AFFORDABLE HOUSING ADVISORY BOARD" AND SUPERSEDING
COMMISSION RESOLUTION NO. 2569.
WHEREAS, the City of Bozeman has created a Community Development Block Grant (CDBG)
Loan Review Committee to aid in administration of the Community Development Block Grant program
and funds; and
WHEREAS, the City Commission has established a Community Housing Fund, to assist in
providing affordable housing within Bozeman; and
WHEREAS, the City Commission has tasked the Community Development Block Grant
(CDBG) Loan Review Committee to review applications for the Community Housing Fund monies; and
WHEREAS, the City Commission has determined that the composition of the committee
must be changed to provide a broader base of representation, in light of the additional duties.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman,
Montana:
Section 1
That the "Community Development Block Grant (CDBG) Loan Review Committee" is hereby
renamed the "Community Affordable Housing Advisory Board".
Section 2
That the "Community Affordable Housing Advisory Board" shall consist of eight (8)
members to be appointed by the City Commission. Members shall serve three (3) year staggered
terms, with terms to end on June 30 of each year. The initial appointments to the restructured board
shall be two one-year terms, three two~year terms and three three-year terms to provide for
appropriate staggering. The length of initial terms shall be determined by drawing straws, or some
similar method, at the first meeting of the board following appointments. Each member may be
reappointed without any limitation on the number of reappointments. Vacancies shall be filled in the
same manner as original appointments for the balance of the term remaining. In addition to the
appointed members, a member of the City-County Planning staff shall serve as an ex officio, non-
voting member.
-- , Members of the board shall be appointed so that the membership shall be represented as
follows:
real estate financing
real estate sales
the construction industry
the legal profession
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an organization which supports the availability of
low- and moderate-income
housing in the community
organization providing services to low- and moderate-income persons
member of the public certifying that he or she is a low- or moderate-income person
as defined in the City's affordable housing policy
the City's Finance Department
Persons of legal age may be appointed to the Board. A majority of the members shall be
residents of the city. Non-resident members must reside within the City's zoning jurisdictional area
and shall have a tangible connection with the city by virtue of working in the city, or owning property
in the city.
Members shall serve without compensation for their time and services.
Section 3
The purpose of the "Community Affordable Housing Advisory Board" shall be to examine
all applications for assistance under the Community Development Block Grant (CDBG) Revolving Loan
Fund or the Community Housing Fund in light of the criteria established for expenditure of those
funds, to solicit such information as it deems necessary in order to adequately review said
applications, to ensure that said applications meet eligibility criteria as outlined in the program
guidelines for the respective loan programs, and to make funding recommendations to the City
Commission.
Section 4
For purposes of conducting business, a Quorum shall consist of four (4) voting members.
PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, at a
regular session thereof held on the 8th day of May 1995.
ATTEST:
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ROBIN L. SULLIVAN
Clerk of the Commission
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APPROVED AS TO FORM:
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