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0567 000061 RESOLUTION NO. 567 ( #12 - 02) A RESOLUTION EXPRESSING ACCEPTANCE, AUTHORIZATION, AND SUPPORT FOR DEVELOPMENT AND TRANSFER AGREEMENTS REGARDING VARIOUS RESIDENTIAL PROPERTIES IN SUNNYSIDE ADDITION WITH NON-PROFIT AGENCIES; AND, FOR OTHER PURPOSES. WHEREAS, development and improvement of residential facilities for low income residents of the City of Jacksonville is vitally important, and the City is the owner of certain residential lots in the Sunnyside Addition. Many of the lots were acquired through donations and /or tax defaults, and location of the lots prohibits uses other than residential in nature; and, WHEREAS, the City wishes to enhance the development and improvement of a variety of residential housing projects, and certain non- profit agencies have agreed to assist the City in meeting the need for additional low income housing in the Sunnyside Addition area. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS, THAT: SECTION ONE: The City Council hereby authorizes the Mayor and City Clerk to enter into development agreements with certain non - profit agencies for development and improvement of housing facilities in the Sunnyside Addition area. Should these agencies develop said properties and assist in meeting the need of low income housing in the area in accordance with the agreement(s), the Mayor and City Clerk are authorized to transfer ownership of the real property(ies) involved to the non -profit agencies. SECTION TWO: Any and all other Resolutions in conflict herewith are hereby repealed to the extent of said conflict. This Resolution shall be in effect from and after its date of passage. APPROVED AND ADOPTED THIS t I DAY OF SEPTEMBER, 2002. CITY OF' JACKSONVILLE, ARKANSAS / 1 C 1 ��1 Y S A CA--c:44 TOMMY M, YOR ATTEST: V • t t ° -t DAVITT, CI P CLERK la�� APPROVED • S TI : t " , 77,1 I /t 41 � ' ( itk at, ;•)*, • ,• ROB E. BAIRW NE