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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF OWASSO,
OKLAHOMA, APPROVING PARTICIPATION IN THE METROPOLITAN
TULSA HOME CONSORTIUM AND AUTHORIZING THE MAYOR TO
EXECUTE A HOME INVESTMENT PARTNERSHIP ACT CONSORTIUM
AGREEMENT.
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WHEREAS, the National Affordable Housing Act of 1990 created the HOME
Investment Partnership Program; and,
WHEREAS, the Act provides that units of general local government that are
geographically contiguous may form a consortium for the purpose of qualifying for a HOME
formula grant allocation; and,
WHEREAS, the City of Owasso desires to enter into a legally binding Cooperation
Agreement with other contiguous local governments in the Metropolitan Tulsa area;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL, OF THE
CITY OF OWASSO, OKLAHOMA that the City of Owasso, Oklahoma approves the
continued participation of the City of Owasso, Oklahoma in the Metropolitan Tulsa HOME
Consortium, known also as the Tulsa County HOME Consortium.
E IT FURTHER RESOLVED that the City Council of the City of Owasso, Oklahoma
authorizes the Mayor to execute the Metropolitan Tulsa HOME Consortium Agreement.
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11, City Clerk
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d D Cates, City Attorney