The URL can be used to link to this page

Home My WebLink About1980-11-19 - Minutes - ArchiveA • • • • MINUTES OF REGULAR MEETING OF THE HOUSING AUTHORITY OF THE CITY OF FAYETTEVILLE, ARKANSAS The Housing Authority of the City of Fayetteville, Arkansas met in Regular Session at 8:30 a.m.,•Wednesday, November 19, 1980 in the office of the Authority, #1 North School, Fayetteville, Arkansas. Upon Roll Call, the following were present: Commissioners Present: Endress, Morgan, Shreve Commissioners Absent: Windham, Seaton Others present: Chad Kumpe, Bromo Wilson, Coretta Edwards - Tenant 'Supervison, Betty Jordan.- Secretary There being a quorum present, the following business was transacted: The minutes of the October 9, 1980 Regular Meeting were approved by motion of Ms. Endress, seconded by Mr. Morgan and carried unanimously. The minutes of the October 28, 1980 Special Meeting were approved as mentioned, by motion of Ms. Endress, seconded by Mr. Morgan and carried unanimously. After discussion, the October Financial Statement was approved by motion of Mr. Shreve, seconded by Ms. Endress and carried unanimously. The Housing Authority Commissioners discussed the Option's on the Sites. The commissioners also discussed Liability Insurance for Commissioners, and the purchase of A maintenance truck, motion made by Ms. Endress, to purchase the Chevrolet truck (upon stipulation of Mr. Windham, and Mr. Seaton) seconded by Mr. Morgan and carried unanimously. Other business discussed were commants from HUD report on the renuel of leases being signed, and the credit given to tenants for childcare when only one parent is employed. RESOLUTION NO. 333 RESOLUTION TO ADMEND ANNUAL CONTRIBUTION CONTRACT NO. 7031 FOR ARK. 97-1 Resolution No. 333 was passed and approved by motion of Ms. Endress, se' conded by Mr. Morgan and carried unanimously. • • • After further discussion, the meeting was adjourned. THE HOUSING AUTHORITY OF THE CITY OF FAYETTEVILLE, ARKANSAS • • RESOLUTION NO. 333 RESOLUTION TO ADMEND ANNUAL CONTRIBUTION CONTRACT NO. 7031 FOR ARK. 97-1 WHEREAS, the Department of Housing and Urban Development has requested an admendment to the annual contributions contract and, WHEREAS, such admendment is attached to this Resoultion now. NOW THEREFORE, be it resolved that`the admendment be executed by the Chairman and the Secretary of the Fayetteville Housing Authority. PASSED AND APPROVED THIS 19th DAY OF November ,1980. THE HOUSING AUTHORITY OF THE CITY OL FAYETTE = , ARKANSAS • CQVfRlll:f NO. FRflbSi AMENDATORY AGREEMENT NO. 3 TO ANNUAL CONTRIBUTIONS CONTRACT • THIS AGREEMENT, entered into as of the day of , 19 , between the :UNITED STATES OF AMERICA (herein called "Government"), and Housing Authority nf the City of Fayetteville, (herein called "Local Authority"): s.. WITNFSSET7-I: • 1. WHEREAS, pursuant to the United States Housing Act of 1937, as amended (42 USC 1437, et. seq.), and the Department of Housing and Urban Development Act (42 USC 3531), the Government and the Local Authority entered into an Annual Contributions Contract on ing the 14 day of July , 19.2b for the purpose of financing low-income hous- other purposes; and 2. WHEREAS, Section 5(a) of the United States Housing Act provides that the Government may make annual contributions to public housing agencies to assist in achieving and maintaining the low-income character of their projects over a period not to exceed forty years; and Section 9(a) provided that the Secretary may make additional annual contributions to public housing agencies for the operation of low-income housing projects; and WHEREAS, Section 211(a) of the Housing and Community Development Amendments of 1979 (Public Law 96-153) amended Section 9(a) of the United States Housing Act to pro- vide that any contract for contributions for the operation of low-income housing "shall provide that no disposition of the low-income housing project, with respect to which the contract is entered into, shall occur during and for ten years after the period when contributions were made pursuant to such contract unless approved by the (Government);" and further amended Section 9(a) to provide that the Government may provide assistance for the operation'of a low-income housing project as long as the low-income nature of the project is maintained;. NOW THEREFORE: 'In order to comply with the above amendments to the United States Housing Act, the contract is amended as follows: Notwithstanding any other provision of this contract, no disposition of any low-income housing project covered by this contract shall occur during and for ten years after the period when contributions' were made for the operation of the project, unless approved by the Government. In addition, the Government agrees to provide assistance for the opera- tion of any such project; as provided by Section 41S of this contract, as long as the low-income nature of. the project is maintained. The provisions of Articles II, III, IV and V of this contract, relating to operation, are hereby extended for the duration of such assistance. WIN WITNESS WHEREOF, the parties have caused this Agreement to be executed in their respec- tive names and the Local Authority has caused its seal to be hereunto affixed and attested as of the date first above written. • (SEAL) , ATTEST: Secretary By: DY Housing Authority of the City nf Payettevillo Chairman UNITED STATES OF AMERICA Secretary of Housing and Urban Development .Area Manaccr • lr • a INFORMATION SHEET DIRECTORS. AND OFFICERS LIABILITY INSURANCE COMPANY: Atlanta International Insurance Co. 1700 Commerce Drive NW Suite 100 Post Office Box 19796 Atlanta, Georgia 30325 LIMIT OF LIABILITY: $300,000 any occurrence per year DEDUCTIBLE•' COVERAGE DOES INCLUDE: $1,000 any judgment./claim (does .not include defense costs or related expenses) False arrest, libel, slander, defamation of character, invasion of privacy, wrongful eviction, and discrimination (includes hiring prac- tices) ANNUAL PREMIUM: $3.00 per unit -- $500 minimum SPECIMEN POLICIES AND APPLICATIONS ARE AVAILABLE FROM JIM ADAMS, JR., HORNOR WOODS ADAMS. The Atlanta International Insurance .Company has made their filing with the' State. of Arkansas Insurance Department. If your indivi- dual housing .authority. decides to purchase this coverage, Hornor Woods Adams will submit the completed and signed application to the insurance' 'company who has the right to deny coverage to any housing authority. Coverage .would become effective the date the Arkansas Insurance Commission approves the company filing, or if after approval, the date the' company accepts the application. •