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064 of 2011 - authorizing a grant from Salt Lake City's Home Match Funds to Volunteers of America for the VOA Youn R 11-1 R 11-18 RESOLUTION NO. 64 OF 2011 AUTHORIZING A GRANT FROM SALT LAKE CITY'S HOME MATCH FUNDS TO VOLUNTEERS OF AMERICA,UTAH FOR THE VOA YOUNG MENS TRANSITION HOME PROJECT WHEREAS,Salt Lake City Corporation(the City)has a Housing Trust Fund Board to encourage affordable and special needs housing development within the City;and WHEREAS,Volunteers of America,Utah has applied to the City for a grant from the City's HOME Match Funds in order to acquire and renovate the property located at 556 South 500 East in Salt Lake City that will consist of a large group home of 12 units/14 beds of transitional housing for young men ages 18-24 who are homeless;and WHEREAS,the City Council has studied the matter and has decided that this resolution is in the best interest of the City. NOW THEREFORE,BE IT RESOLVED by the City Council of Salt Lake City,Utah as follows: 1. The City Council does hereby authorize the City to enter into a grant agreement with Volunteers of America,Utah("VOA"),to provide VOA with$100,000,00 from Salt Lake City's HOME Match Funds with the understanding that such grant funds will be used to acquire and renovate a certain property located at 556 South 500 East,Salt Lake City,Utah. 2. Ralph Becker,Mayor of Salt Lake City,Utah,following approval of the City Attorney,is hereby authorized to execute the requisite HOME grant agreement documents on behalf of Salt Lake City Corporation and to act in accordance with their terms. Passed by the City Council of Salt Lake City,Utah,this 11th day of December ,2011. SALT LAKE CITY COUNCIL C17T elaa. 1, By: a I ., CHAIR ATTEST: ,... \�pOR APPROVED AS TO FORM SALTLAI CITYATTORN�Y' FICE _ BY: CCYY�� DATE' IT Y D R