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RESOLUTION NO. 18-66.
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A RESOLUTION APPROVING. APPLICATION 'FOR PRELIMINARY LOAN FOR
LOW RENT PUBLIC HOUSING.
WHEREAS, it is the policy of this locality to eliminate sub -standard 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 envir-
onment for all of itscitizens; and
WHEREAS, under the provisions of the U.S. Housing Act of 1937 as
amended, the Housing Assistance Administration is authorized to provide finan-
cial assistance to local public housing agencies for undertaking andcarrying out
preliminary planning of low rent housing projectsthat will assist in meeting this
goal:
WHEREAS, the act provides that there shall be local determination of need
for low rent housing to meet the needs not being adequately met by private enter-
prise and that the Housing Assistance Administration shall not make any contract
with a public housing agency for preliminary loans for surveys and planning in
respect to any low rent housing projects unlessthe governing body of the locality
involved has by resolution approved the application of thepublic housing agency
for such preliminary loans; and
WHEREAS, the Housing Authority of the City of Fayetteville ,(herein called
the local autiftority) fora public housing agency and for applying to the Housing
Assistance Administration for preliminary loan to cover the cost of surveys and
planning in connection with the development of low rent housing;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE CITY OF FAYETTEVILLE, ARKANSAS:
1. There exists in the City of Fayetteville, Arkansas.a need for such
low rent housing which rents within the means of low income families;
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2. The application of ,the local authority to the Housing Assistance
Administration fora preliminary loan in an amount not to exceed
$35, 000.00. for surveys and planning in connection with low rent
housing projects not to exceed approximately 200 dwelling units
is hereby approved.
PASSED AND APPROVED this 5th day of July , 1966.
AT TET:
G ORGE
Wald
Ar
AVIS, CITY CLERK
LYON TRUMBO, JJ MAYOR