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HomeMy WebLinkAboutReso 056-87 LowIncomeSrHous RESOLUTION NO. 56 - 87 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ENDORSING IN PRINCIPLE A GENERAL OBLIGATION BOND ISSUE TO FINANCE THE CONSTRUCTION OF HOUSING IN ALAMEDA COUNTY FOR LOW INCOME SENIORS AND THE DISABLED WHEREAS, on July 27, 1987 the City Council received the Report of the Alameda County Senior Housing Needs Task Force; and WHEREAS, the City Council recognizes that the Senior population is the most rapidly growing segment of the population; and WHEREAS, the City Council recognizes that a large portion of the Senior and Disabled populations are on fixed incomes and have low incomes; and WHEREAS, the City Council recognizes that the private market is not and cannot fulfill this need for affordable housing without public support and there is a limited amount of Federal and State assistance to support housing for Low Income Seniors and the Disabled; and WHEREAS, the City Council recognizes the need to join with other neighboring communities to take action to meet this need; NOW, THEREFORE BE IT RESOLVED that the City Council does endorse, in general principle, a General Obligation Bond Issue to finance construction of housing for Low Income Seniors and the Disabled in Alameda County; and BE IT FURTHER RESOLVED that the City Council and Staff will work with the County and other Cities in the County to develop the bond issue. PASSED, APPROVED AND ADOPTED this 27th day of July, 1987 AYES: Cm. Hegarty, Moffatt, Snyder, Vonheeder, and Mayor Jeffery NOES: None ABSENT: None ATTEST: