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HomeMy WebLinkAboutRESOLUTIONS-1993-074-R-9311 I 74 - R - 93 A RESOLUTION REJECTING THE CONTINUATION OF THE COOK COUNTY HOME INVESTMENT PARTNERSHIP CONSORTIUM AGREEMENT WHEREAS, on February 10, 1992, the City of Evanston City Council adopted Resolutions 10-R-92, HOME Investment Partnership Consortium Agreement ("Agreement"), and 11-R-92, HOME Investment Consortium Memorandum of Understanding, which allows the City of Evanston and the County of Cook to enter into a consortium for Federal Fiscal Year 1993 for purposes of developing programs and projects eligible for Federal HOME funds which are used for the support of affordable housing; and WHEREAS, the Mayor signed the Agreement pursuant to the aforesaid Council authorization; and WHEREAS, the Cook County Department of Planning has requested that members of the Cook County HOME Investment Partnership Consortium make a decision on the continuation of the Consortium for the Federal Fiscal Years of 1994-1996; and WHEREAS, after review of the Agreement and the HOME Investment Consortium Memorandum of Understanding, the negative aspects outweigh the positive, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Evanston, Cook County, Illinois, as follows: SECTION 1: That the City Manager be and is hereby authorized and directed to send a letter to the Cook County Department of Planning and Development stating that the City of Evanston has decided not to rejoin the Consortium. SECTION 2: That such letter convey that this choice not to re-sign the Consortium Agreement does not preclude the City of Evanston from rejoining the Consortium in the future. SECTION 3: This resolution shall be in full force and that effect following its passage and approval in the manner provided by law. AT EST• / CITY CLERK ADOPTED51444A"e- 1993 MAYOR