Agenda - 06-03-1996 - VIII-H - Laserfiche WebLink

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1 ORANGE COUNTY BOARD OF COMMISSIONERS Action Agenda Item No V=-N ACTION AGENDA ITEM ABSTRACT Meeting Date: June 3, 1996 SUBJECT: Orange County HOME Consortium Agreement --------------------------------------------------------------------------- DEPARTMENT: Housing/Comm.Development PUBLIC HEARING YES NO_x_ Budget Amendment YES NO x --------------------------------------------------------------------------- ATTACHMENT(S) : INFORMATION CONTACT HOME Consortium Agreement Tara L. Fikes, 2490 Resolution TELEPHONE NUMBER Hillsborough 732-8181 Chapel Hill 968-4501 Mebane 227-2031 Durham 688-7331 ----------------------------------------------------------------------- PURPOSE: To adopt authorizing the execution of a HOME Consortium Agreement for the period July 1, 1996 through June 30, 1999. BACKGROUND: In August 1992, the Orange County HOME Consortium was formed by mutual consent of the Towns of Carrboro, Chapel Hill, Hillsborough and Orange County. The County was designated as lead entity and thus responsible for program administration. At that time, a Consortium Agreement was approved by the elected bodies of the member governments. This Agreement expires on June 30, 1996 and a new Agreement is necessary to continue to be eligible for HOME Program funding. Past funding allocations include: FY 1992-93 - $803, 600; FY1995-96 - $500, 000. A new Consortium Agreement has been developed with no significant changes and must be approved by all elected bodies prior to submission by HUD on or about June 30, 1996 as required. The Chapel Hill Town Council approved the document on May 13, 1996. The Town of Carrboro will consider approval on June 4 and Hillsborough on June 10. The document has been forwarded to the County Attorney for review and approval. RECOMMENDATION: The Manager recommends adopting a resolution authorizing the execution of a HOME Consortium Agreement for the period July 1, 1996 through June 30, 1999.