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0254 /48 RESOLUTION NO. 2 5 4- 8 0 A RESOLUTION OPPOSING THE FINANCING OF THE CONSTRUCTION OF MULTI - FAMILY HOUSING DEVELOPMENT INTENDED FOR OCCUPANCY BY PERSONS OF LOW AND MODERATE INCOME BY THE ARKANSAS HOUSING DEVELOPMENT AGENCY TO BE LOCATED AT THE CORNER OF STATE HIGHWAY 161 AND STONEWALL DRIVE WHEREAS, there has been developed in the City of Jacksonville the Stonewall Subdivision that adds appeal and pride to the residents of the City of Jacksonville; WHEREAS, residents of Stonewall Subdivision and other Jacksonville residents have voiced their opposition to the building of multi - family housing intended for occupancy by persons of low and moderate income at the corner of State Highway 161 and Stonewall Drive for the following reasons: (1) increased traffic congestion; (2) the adverse effect on property values; (3) the departure by the developer from his original plan to build garden apartments on said site; and (4) the close proximity of the Bayou Meto Cemetery to the proposed site of the apartment complex. WHEREAS, there are other locations in the City of Jacksonville which would be better suited for the building of multi - family housing intended for occupancy by persons of low and moderate income; WHEREAS, it is the responsibility of the City Council of the City of Jacksonville to provide for the planned and proper growth and development of this City and that the proposed above described plan would be detrimental to the overall image of the area affected by the proposed funding of said apartments. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS, that: Section 1, Recognizing the detrimental effect the financing of the construction of multi - family housing development intended for occupancy by persons of low and moderate income by the Arkansas Housing Development Agency will have upon the residents of the City of Jacksonville, we hereby oppose said financing and construction at the proposed location of State Highway 161 and Stonewall Drive. Section 2. This resolution being necessary for the preservation of the public health, safety and welfare, an emergency is declared to exist and PAGE TWO RESOLUTION NO. 2 5 4- 8 0 this resolution shall be in full force and effect immediately after its passage. PASSED this 20 day of March, 1980. APPROVED: ayor ATTEST: City Cler /I APPROVED AS TO FORM: J City Attorney