0218 79.
RESOLUTION NO. 218 -78
RESOLUTION APPROVING APPLICATION FOR PRELIMINARY LOAN FOR LOW -
RENT PUBLIC HOUSING
WHEREAS, it is the policy of this locailty 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 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 geal; :.and
WHEREAS, the Act provides that there shall be local determination of need
for low -rent housing to meet needs not being adquately met by private enterprise
and that the Government shall not make any contract with a public housing agency
or preliminary loans for surveys and planning in respect to any low -rent housing
projects unless the governing body of the locality involved by resolution approved
the application o` the public housing agency for such preliminary loan; and
WHEREAS, the Jacksonville 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, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS
AS FOLLOWS:
1. That there exists in the City of Jacksonville, Arkansas a need for such
low -rent housing which is not being met by private enterprise;
2. That the application for the Local Authority to the Government for a
preliminary loan in an amount not to exceed $15,000.00 for surveys and planning
in connection with low -rent housing projects of not to exceed approximately 100
dwelling units is hereby approved.
This Resolution being in full force and in effect from date of passage.
APPROVED AND ADOPTED THIS 4TH DAY OF MAY, 1978.
AMES G. RIDE �MYO
ATTEST:
FLOY AVAN ',, CITY CLERK
APPROVED AS TO FORM:
•9N C. M S, CITY ' Y