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HomeMy WebLinkAbout72-71 RESOLUTIONr RESOLUTION NO. %D_ 7/ 4] BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: That the Mayor and City. Clerk be and they hereby are authorized and directed to execute one certain Cooperation Agreement by and between the Housing Authority of the Fayetteville, Arkansas, and the City of Fayetteville, a copy of which is attached hereto, marked Exhibit A, a part hereof. PASSED AND APPROVED this 0,5tday of &QO) City of Arkansas, and made APPROVED: • • • . t 4 , 1971. • STATE OF ARKANSAS ) COUNTY OF WASHINGTON) COOPERATION AGREEMENT THIS AGREEMENT, made and entered into this 19th day of October, 1971, by and between the Housing Authority of the City of Fayetteville, Arkansas (hereinafter referred to as the "Agency") and the City of Fayetteville, Arkansas, a municipal corporation ,(hereinafter referred to as the "City"). WITNESSETH: WHEREAS, the Agency is a public body corporate and politic, created by the laws of the State of Arkansas pertaining thereto and is transacting business and exercising the powers granted by said %laws by virtue of Resolution No. 20-65, duly passed and adopted by the City Council of the City of Fayetteville, Arkansas, on the 20th day of December, 1965; and WHEREAS the Agency with the. aid and cooperation of .the City proposes to undertake and carry out an urban renewal program in the City of Fayetteville, known as the Center Square Urban Renewal Project, ARK R-105. (hereinafter called the "Project") in . accordance with the Urban Renewal Plan therefor, heretofore'. approved by the City Board of Directors (formerly City Council) bearing the date of March 19, 1971, and pursuant to the provisions of the laws of the State of Arkansas as hereinabove referred to; and r WHEREAS the Agency proposed in carrying out the Urban Renewal Plan for said Project to rehabilitate and/or acquire cer- tain properites and improvements thereon with the Project Area, as provided for in said Urban Renewal Plan; and WHEREAS the Agency proposes to enter into a Loan and Capital Grant Contract with the Department of Housing and Urban. Development, an Agency of the United States of America, providing for financial assistance pursuant to Title I ofthe .Housing.Act of 1949, as amended, for the purpose of carrying out the provision of the Urban. Renewal Plan, in the sum of: • --(I) --A loan in the amount of $3,402,127 such amount sufficient to enable it to defray the grosscost of the Project. (2) A Project Capital Grant in the maximum amount avail - able'. for the Project. A relocation grant in the maximum amount available for the Project; and A rehabilitation grant in the maximum amount avail- able for the Project; and WHEREAS the City desires to provide "local grants-in- aid" in connection with said Project and has heretofore indicated its intention to do so in a Resolution approving said Urban Re - c newal Plan for said Project; NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth the Agency and the City agree as follows: 1. AGENCY (a) The Agency agrees to proceed diligently and forth- with with all necessary actions, works and undertakings to carry out the proposed and approved Center Square Urban Renewal Project in the. following described Project Area, and ot=her areas as may be designated and approved, to carry out and fulfill the proposed Loan and Capital Grant Contract specifically between it and the United States. of America, acting by and through the Secretary of Housing and Urban Development, said Project Area being identified as the Center Square Urban Renewal Project, ARK R-.1OS situated in the City of Fayetteville, Washington, County, Arkansas; this Pro- ject being specifically described as Exhibit I, Boundary Description, attached hereto and made a part of this Agreement. (b) The Agency agrees to arrange and provide for the acquisition of properties and demolition of improvements thereon, to make available rights-of-way and easements, to cause those structures and properties to remain to be brought up to the standards as established in the Property Rehabilitation Standards for the Center Square Urban Renewal Project Area, and to make available for • • L -, disposition as soon as possible those lands which are to be re- developed for public and private purposes. • (c) The Agency agrees to dedicate to the City without payment certain parcels of land for street rights-of-way and drainage rights-of-way, such areas being designated on the map R-224(3) Right -of -Way Adjustment Map, dated March, 1971. (d) The Agency agrees to demolish all structures located on properties acquired by the Agency and clear the sites as re- quired under the Urban Renewal Plan.. (e) The Agency agrees to install certain eligible site improvements within the Project Area as required under the Urban Renewal Plan as follows: (1) The installation of eligible project improvements on streets in the Project Area - in the amount of $294,120, which amount shall be for construction of streets, gutter thereon, the repair and installation of sidewalks, and engineer- ing fees including design and supervi- sion, all of whichamount shall be for the above items. (2) For the installation of certain eligi- ble project improvementstothe storm sewer and drainage system within the Project Area in the amount of $174,.983, all of which shall be for the purchase of materials, installation of improvements, and the provision of engineering ser— vices including design and supervision. (3) The installation of certain eligible project improvements in the form of a pedestrain right-of-way development in the amount of $458,483, which amount. shall be for theinstallation of a decor- ative pool, free standing canopies, de- corative pavement, landscaping, a pylon, lighting, retaining walls, benches, storm drainage, and engineering fees including design and supervision, all of which amount shall be for theabove items. (4) The installation of certain eligible.pro- ject improvements to the traffic signal-. ization system within the Project Area in the amount of $43,900, which amount shall be for the installation of signals and controllers, and engineering fees including design and supervision, all of which amount shall be for .the above items. (5) The adjustment and relocation of certain eligible utilities within the Project Area in the amount of $21,420, which amount • • - 4 - shall be for the adjustment of manholes and valves, relocation of electrical facilities, and the provisions of cer- tain engineering services including design and supervision. (6) The landscaping with street trees in certain areas of the project in the amount of $3,760. (f) The Agency agrees to provide all needed utility easements in the Project Area as required by the Urban Renewal Plan and dedicate to the City all project improvements open. completion.. 2: CITY The Cityagreespursuant to and with the procedures as required bylall applicable State laws, City Charter and Ordinances toprovide local grants-in-aid and to cooperate otherwise in the undertaking, carrying out, and completion of said Urban Renewal 1 Project in accordance with the approved Urban Renewal Plan there- for, in .all respects, including but not limited to, the following: (a) To take all necessary steps to appropriate and to contribute to the Agency any monies that may accrue from any source that shall be received by the City as a cash grant-in-aid for the purpose of carrying forward the Project, such cash, if any, to be deposited in the Project Expenditures Account maintained by • • said Agency in connection with the Project. (b) To maintain all public rights-of-way, easements,. public lands, and improvements thereon and to accept the dedica- tion: of rights-of-way as reflected on the map R-224(3), Right -of - Way Adjustment, and any other lands that may be dedicated under the Urban Renewal Plan. (c) Further, the City agrees to the payment of one- fourth of the Net Project Cost of the undertaking and completion of the Center Square Urban Renewal Project. It is understood that the City will install necessary site improvements as required under the Urban Renewal Plan under an orderly schedule and such payment and participation shall not be contingent on the proceeds of a future bond issue. - 5 - (d) It is understood that the City will provide ,$45,000 Of its required one-fourth share as ".local grants-in-aid" by the •construction, installation, and accomplishment of the following project or site improvements in the following amounts, all in accordance with the undertaking and completion of said urban renewal project: (1) To assure the adequacy of the storm drainage on Spring Street to handle drainage from without as well as with- in the project area the City will par- ticipate in the Spring Street drainage and street rebuilding, as needed in accord with project design, to the extent of $45,000: (2) The installation and construction of cer- tain ineligible project improvements out- side of the project boundary which are necessary to assure the expeditious flow of traffic through the project area. These improvements are: a. The overlay of East Avenue from Rock Street tothe project bound- ary and increase the northeast and northwest radio at the inter- section of East Avenue and Rock Street to 30 feet. b. The widening of Rock Street from East Avenue to Church Avenue to a 36 feet roadway. The widening and overlay of Church Avenue from Rock Street to the pro- ject boundary to a 36 feet road- way and increase the northeast radius at. the intersection of Church Avenue and Rock Street to 30 feet. Overlay. Block Avenue from Rock Street to the project boundary and increase the northeast and/or northwest radii at the intersection of Block Avenue and Rock Street as needed to facilitate the traffic circulation. (e) It is estimated that the City will receive the amount of $1,292,225 toward its required one-fourth share as"local grants-in-aid" by the acquisition and demolitionof substandard structures by the University of Arkansas in the total amount of $1,292,225. (f) .The City agrees to vacate street and alley rights-of- way designated for vacation under the Urban Renewal Plan. • ror - 6 - (g) The City recognizes that Title VI of the Civil Rights 4 - Act of -Act•of 1964 and the regulations and policies of the Department of Housing and Urban Development effectuating the Title prohibit discrimination on the ground of race, color, or national origin - in the policies and practices of any public facility responsible for the proposed credit to the locality's share of the cost of an urban renewal project receiving financial assistance from the United States. The City hereby assures the United States and the Secretary of Housing and Urban Development thatthe proposed project improve- ments and public off-street parking facilities mentioned herein will be available to and serve all persons without regard to race, color, or national origin. (h) The City agrees to make available for the benefit of the Project either cash or non-cash grants-in-aid to cover any deficit in local grants-in-aid which shall develop if the Secre- tary of Housing and Urban Development shall not approve the full estimated amount of such grant-in-aid credits. .Further, the City agrees to pay in cash or local grants-in-aid to_cover any deficit whith-may exist or develop by its failure to establish and support the amount of local grants-in-aid for site improvements and supporting facilities mentioned above • (i) The City further agrees in connection with the carrying out of the Urban Renewal Project to zone and rezone, as may be appropriate, the Urban Renewal Area in conformity with the Urban Renewal Plan, and not in conflict with said Plan. (j) The City agrees to enforce by proper action the. provision of all codes and ordinances such as the Zoning Ordinance, the Housing Code, .the Building Code, and all other codes and ordinances pertinent to the health, safety, welfare, good living standards, and the prevention of slums or blighted areas within the jurisdiction of said City and to continue such enforcement of. the above-mentioned codes in the interest of continuing success of the Project. 4td SRN r (k) The City further agrees to cooperate with the Agency in all respects to such extent as may be necessary and required in order to bring the Center Square Urban Renewal Project, ARK R-105, to its final and successful completion. IN WITNESS WHEREOF, the City and the Housing Authority - have caused these presents to be executed and have caused the signa- ture of their duly authorized officers to be attested and the Seal of such respective public bodies to be affixed on the date herein- above first provided. v ATTS51"-: n " R•52- µ 4 Reek/ *di TTTY: CLERK ATTEST: CITY OF FAYE By E,. ARKANSAS HOUSIN�AUTHORITY OF THE CITY OF AYETTEVILLE, ARKANSAS at -7/4- Jill/ -1-0-:-(6,--e-071 ay SECRETARY QA >geed CHAIRMAN • • "1.1 -mak s._,x.�.-