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HomeMy WebLinkAbout1977-062-09/20/1977-APPROVING APPLICATION FOR PRELIMINARY LOAN FOR LOW-RENT PUBLIC HOUSING Fss=iON 77-62 OF THE COUFUCIL OF THE CITY OF FORT CM INS APPRNING APPLICATION FOR PRELIMINARY LOAN FOR LOW-RENT PUMIC HOUSING WHEREAS it is the policy of this locality to elrffinate substandard and other inadequate housing to prevent the spread of sluts and blight and to realize as soon as feasible the goal of a decent home in a suitable living environment for all of its citizens and WHEREAS under the provisions of the United States Housing Act of 1937 as amended the United States of America acting through the Secretary of Housing and Urban Development (herein called the Government ) is authorized to provide financial assistance to local public housing agencies for undertaking and carrying out preliminary planning of low-rent housing projects that will assist in meeting this goal and WHEREAS the Act provides that there shall be local determination of need for low-rent housing to meet needs not being adequately met by private enterprise and that the Government shall not make any contract with a public housing agency for preliminary loans for surveys and planning in respect to any low-rent housing projects unless the governing body of the locality involved has by resolution approved the application of the public housing agency for such preliminary loan and MOMAS the Fort Collins Housing Authority (herein called the Local Authority ) is a public housing agency and is applying to the Government for a preliminary loan to cover the costs of surveys and planning in connection with the development of low-rent housing NOW THEREFORE HE IT RESOLVED 13Y THE COU1NCIL OF THE CITY OF FORT COLLINS as follows 1 That there exists in the City of Fort Collins a need for such low-rent housing which is not being met by private enterprise 2 That the application of the Local Authority to the Government for a preliminary loan in an amount not to exceed $2 600 for surveys and planning in connection with low-rent housing projects of not to exceed approximately thirteen (13) dwelling units is hereby approved Passed and adopted at a regular meeting of the City Council held this 20th day of September A D 1977 ATTFST Mayo 2�- 00'.,7.�LOLW� 111'r city Clerk