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HomeMy WebLinkAbout1981-08-25 - Minutes - Special• MINUTES OF SPECIAL MEETING OF THE HOUSING AUTHORITY OF THE CITY OF FAYETTEVILLE, ARKANSAS The Housing Authority of the city of Fayetteville, Arkansas met in Special Session at 8:30 a.m., Tuesday, August 25, 1981 in the office of the Authority, 01 North School, Fayetteville, Arkansas. Upon Roll Call, the following were present: Commissioners Present: Robert Windham, Judy Endress, and Jim Shreve Commissioners Absent: Sherman Morgan, Lloyd Seaton Others Present: Chad Kumpe, Bromo Wilson, and Betty Jordan There being a quorum present, the following business was transacted: RESOLUTION AUTHORIZING SUBMISSION OF THE CITY OF FAYETTEVILLE HOUSING AUTHORITY BUDGET FOR ARK 97-1 FOR PERIOD ENDING SEPTEMBER 30, 1982 TO HUD. Motion made by Mr. Shreve, seconded by Mrs. Endress, and motion carried unanimously. After further discussion, the meeting was adjourned. THE HOUSING AUTHORITY OF THE CITY OF FAYETTEVILLE, ARKANSAS rs.. bj • • • RESOLUTION NO. s3 y Y RESOLUTION AUTHORIZING SUBMISSION OF THE CITY OF FAYETTEVILLE HOUSING AUTHORITY BUDGET FOR ARK. 97-1 FOR PERIOD ENDING SEPTEMBER 30, 1982 TO HUD RESOLVED, that the proposed expenditures referred to in the budget for the Fayetteville Housing Authority ending September 30, 1982, are necessary in the efficient and economical operation of the housing for the purpose of serving low income families; and, RESOLVED, that financial plan is reasonable in that it indicates a source of funding adequate to cover all proposed expenditures; and, RESOLVED, that all proposed changes and expenditures will be consistent with provisions of law and the Annual Contributions Contract; RESOLVED, that the Board of Commissioners adopts the following certificate: "Pursuant to the rent schedule approved by HUD, the Housing Authority of the City of Fayetteville certifies that it is in compliance with the provisions of Section 860.407 of part 860, Subpart D of the Interim Rule published September 26, 1975, in that the aggregate annual gross rent of families residing in the dwelling units for the fiscal year beginning October 1, will not be less than an amount equal to one-fifth of the sum of the "Family Income", as defined in 24 CFR 860.403 (f), of all such families." RESOLVED, in addition., pursuant to Section 890,115 of the final rule, effective October 1, 1976, the PHA mentioned herein is in compliance with Section 207 (A) of the Annual Contributions Contract, which states in part, that the PHA is reexaming the incomes of tenants living in the project at least once a year. NOW, THEREFORE, BE IT RESOLVED that the Board of Commissioners of the Fayetteville Housing Authority adopt the proposed budget as attached and submit to HUD for approval. PASSED AND APPROVED THIS DAY OF �1/d s/ THE HOUSING AUTHORITY OF THE CITY OF FAYETTEVILLE, ARKANSAS 1981.