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HomeMy WebLinkAbout45-71 RESOLUTIONRESOLUTION NO / / RESOLUTION.APPROVING AND PROVIDING FOR EXECUTION OF A PROPOSED INTERIM ASSISTANCE - CONTRACT NO. Ark -I-5 (G) BETWEEN the -CITY OF FAYETTEVWX., ARKANSAS AND THE UNITED STATES OF AMERICA r WHEREAS, under Section 118 of thu Housing Act of 1949, as amended, the. United States of America (herein called the "Government") has tendered to the City of Fayetteville, Arkansas • (herein called the "Public Body") a proposed Interim Assistance Contract, pursuant to which the Government would extend a Grant of Federal funds to the Public Body to aid in financing the cost of an interim assistance program, designated Program No. Ark -I-5 (herein called the."Program"), and WHEREAS, this Public Body has given due consideration to said proposed Contract and has found it to be in the interest of this locality to execute this Contract; BOARD .OF DIRECTORS OF THE NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF FAYETTEVILLE, ARKANSAS 1. The proposed Contract, designated "Interim Assistance Contract No, Ark -I-5 (G) . " under and subject to the provisions, terms and conditions of which the Government would make an Interim Assistance Grant under Section 118 of the Housing Act of 1949, as amended, to the Public Body to aid in financing the cost of a program, designated Program No. Ark -I-5 , situated in Fayetteville Arkansas , is hereby in all respects approved. • 2. The CITY MANAGER is hereby authorized__ and directed to execute said proposed Contract in two counterparts on behalf oT the Public Body, and the ACTING CITY CLERK is hereby authorized., and directed to impress and attest. the official seal of the public body on each such counterpart and to forward such counterparts to the Departmeht .of Housing and Urban Development, together with such other documents relative to the approval and execution thereof as may be required by the Government. 3. This Resolution shall JUNE. 19 ATTEST: ACTING'CITYCLERK ' VIRGINIA THROCKMORTON take effect this 10th 71 day of •