HomeMy WebLinkAbout1979-009-02/06/1979-APPROVING APPLICATION FOR PRELIMINARY LOAN FOR LOW-RENT PUBLIC HOUSING M1
i Fore HUD 52472 SUGGESTED FORM OF RESOLUTION BY LOCAL GOVERNING BODY
November 1966 APPROVING APPLICATION OF LOCAL HOUSING AUTHORITY FOR
f� (Formerly PHA-7472) PRELIMINARY LOAN FOR LOW-RENT PUBLIC HOUSING
RESOLUTION NO 79-9
RESOLUTION APPROVING APPLICATION FOR PRELIMINARY LOAN
FOR LOW-RENT PUBLIC HOUSING
WHEREAS, it is the policy of this locality to eliminate substandard and other
inadequate housing, to prevent the spread of slums 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 Hous-
ing and Urban Development (herein called the "Government"), is authorized to pro-
vide financial assistance to local public housing agencies for undertaking and carry-
ing out preliminary planning of low-rent housing projects that will assist in meet-
ing 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 ap-
proved the application of the public housing agency for such preliminary loan, and
WHEREAS, the Fort ODLLI a Housuig 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 connectionw2th
the development of low-rent housing,
NOW, THEREFORE, be it resolved by the Council
of the City of Fort CO]1.m as follows
1. That there exists in the City of -Pbrt 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.pre-
liminary loan in an amount not to exceed $ 21,000 _ for surveys and planning :In
connection with low-rent housing projects of not to exceed approximately
42 dwelling units is hereby approved.
Passed and adopted at regular meeting of the City it held this 6th
day Of February, A.D. 1979.
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