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1999R1- PALMS APARTMENT , ~ fk;"LI/T//l.J Ah. 'ltJ-,e-1 RESOLUTION A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS AUTHORIZING THE DEPOSITORY SIGNATORIES FOR THE CITY'S TEXAS COMMUNITY DEVELOPMENT PROGRAM BLOCK GRANT, DISASTER RECOVERY INITIATIVE FUNDS, FOR THE PURCHASE OF THE PALMS APARTMENTS IN THE CITY OF SCHERTZ, TEXAS. WHEREAS, the CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS has accepted a grant from the Texas Department of Housing and Community Affairs (TDHCA) to acquire the Palms Apartments, 0.254 acres, 100 % FM 78 in the City of Schertz, Texas, this grant will provide improved living environment in the area of the Buffalo Subdivision and allow for the removal of flood damaged apartments from the 1 DO-year flood zone of the Cibolo Creek; and WHEREAS, it is a requirement of the TDHCA that signatories be designatedlauthorized by the City Council for signing of documents relating to the disbursement of funds under this program; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: That the City Council directs and designates the City Manager, Assistant City Manager, and City Secretary as the Signatories for completing the Request for Payment. PASSED, APPROVED AND ADOPTED THIS l2ii DAY OF JANUARY 1999. Hal Baldwin, Mayor ATTEST: ~~ Norma Althouse, City Secretary