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RESOLUTION NO. 5499
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHANDLER,
ARIZONA, APPROVING AN INTERGOVERNMENTAL AGREEMENT (IGA)
BETWEEN MARICOPA COUNTY ADMINISTERED BY ITS HUMAN
SERVICES DEPARTMENT, NEWTOWN COMMUNITY DEVELOPMENT
CORPORATION,
A
COMMUNITY
HOUSING
DEVELOPMENT
ORGANIZATION (CHDO) AND THE CITY OF CHANDLER, FOR THE
ACQUISITION AND REHABILITATION OF TWO (2) SINGLE-FAMILY
HOMES IN CHANDLER TO CREATE HOMEOWNERSHIP OPPORTUNITIES
FOR ELIGIBLE LOW-INCOME HOUSEHOLDS USING PROGRAM YEAR
2020-2021 HOME INVESTMENT PARTNERSHIPS (HOME) CHDO FUNDS IN
THE AMOUNT OF $212,987; AND AUTHORIZING THE ACTING CITY
MANAGER OR HIS DESIGNEE TO SIGN THE AGREEMENT AND ALL
RELATED DOCUMENTS ON BEHALF OF THE CITY OF CHANDLER.
WHEREAS, Newtown Community Development Corporation, is a CHDO designated nonprofit
that has a history of community service in Chandler, Arizona and has among its purposes the
provision of affordable housing for households that meet the income eligibility requirements; and
WHEREAS, Newtown Community Development Corporation has applied to Maricopa County for
Federal HOME CHDO funding set aside for affordable housing; and
WHEREAS, the United States Department of Housing and Urban Development (HUD), through
Maricopa County and its HOME Consortium, has approved Newtown Community Development
Corporation’s application to utilize $212,987 in HOME CHDO funds to acquire and rehabilitate
two single-family homes that will be resold to two (2) first-time homebuyers that meet the income
eligibility requirements; and
WHEREAS, the properties to be developed will be located within Chandler’s jurisdictional
boundaries, the City of Chandler will be the administrator of the contract between Newtown
Community Development Corporation and Maricopa County; and
WHEREAS, the activity that Newtown Community Development Corporation proposes meets the
priorities identified in the City of Chandler Consolidated Plan as approved by the City Council of
the City of Chandler, Arizona; and
WHEREAS, the City acknowledges that the intended use of such funds is in conformance with the
City’s Consolidated Plan and commits to administering the contract and approving the assignment
to the City of Beneficial Interests under the loan agreement, deed of trust, promissory note and
restrictive covenants, between Maricopa County and Newtown Community Development
Corporation.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chandler, Arizona,
that the City Council authorizes the Acting City Manager or his designee to sign the Agreement
Resolution 5499
Page 2
and all related documents on behalf of the City of Chandler and perform all acts necessary to give
effect to this Resolution.
PASSED AND ADOPTED by the City Council of the City of Chandler, Arizona, this ____ day
of July, 2021.
ATTEST:
_________________________________
_______________________________
CITY CLERK
MAYOR
CERTIFICATION
I HEREBY CERTIFY that the above and foregoing Resolution No. 5499 was duly passed and
adopted by the City Council of Chandler, Arizona, at a regular meeting held on the _____ day of
July, 2021, and that a quorum was present thereat.
____________________________
CITY CLERK
APPROVED AS TO FORM:
____________________________
CITY ATTORNEY