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1 <br />~.`o <br />~0.C~`~ <br />RESOLUTION AUTHORIZING THE EXECUTION OF A <br />HOME INVESTMENT PARTNERSHIP (HOME) PROGRAM CONSORTIUM <br />AGREEMENT <br />WHEREAS, on June 29, 1992, the Orange County Board of Commissioners approved participation <br />of the County in the Orange County HOME Consortium; and <br />WI~REAS, the Towns of Carrboro, Chapel Hill, and Hillsborough and Orange County are <br />currently members of the Orange County HOME Consortium established on or about August 3, <br />1992; and <br />W1~REAS, the current Orange County HOME Consortium Agreement expires on June 30, 2008; <br />and <br />WHEREAS, the Orange County HOME Consortium desires to continue to be considered for <br />eligibility under the federal HOME Program operated by the U.S. Department of Housing and Urban <br />Development as authorized under the National Affordable Housing Act, as amended; <br />NOW THEREFORE BE IT RESOLVED, that the Orange County Board of Commissioners <br />authorizes the County Manager to execute and approve the HOME Consortium Agreement for the <br />period July 1, 2008 to June 30, 2011, subject to approval as to form by the County Attorney. <br />This the 3`d day of June 2008. <br />