HomeMy WebLinkAboutApplication for loan - Municipal Housing Commission for Low Rent Public Housing 763
A RESOLUTION, APPROVING THE APPLICATION FOR PRELIMINARY LOAN OF
THE MUNICIPAL HOUSING-COMMISSION FOR LOW :::RENT PUBLLC HOUSING
WHEREAS,. is the ,policy of 'this to eliminate substandard and
other inadequate housirig, to. prevent the spr -e'ad of 'slums and blight, and to realize
as soon as feasible the goal -of a decent 'home in a suitable living- environment for
all of its citizens; and
WHEREAS =under the: provisions of the-United—States Housing Act of 1937,
as amended, the United -State of 'America-, acting through: the "Secretary Housing and
Urban Development (herein called they; Government is authorized: t� provide financial
assistance to local public housing agencies for undertaking and carrying out pre-
liminary planning of low rent housing projects that will assist in meeting this goal; and
WHEREAS, the Act provides that there shall be local determination of need
for low rent housing to meet needs not being adequately met by private enterprise
and that the Government 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
unless the governing body of the locality involved has by resolution approved the
application of the public housing agency for such preliminary loan; and
WHEREAS, the Housing Authority of Paducah (herein called the "Local
Authority is a public housing agency and is applying to the Government for a
preliminary loan to cover the costs of surveys and planning in connection with the
development of low rent housing;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS
OF THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That there exists in the City of Paducah a need for such low
rent housing which is not being met by; p:ri -ate, enterprise, and that the application
of the Local Authority to the Government. for. a preliminary loan in an amount not to
exceed $36,800 for surveys and planning in connection with low rent housing projects
of approximately 184 dwelling units be, and it is hereby, approved.
SECTION 2. This resolution shall be in full force and effect from and
after the date of its adoption.
/r/ f 'r mac r'
Mayor i�'
Passed by the Board of Commissioners March 28, 1978
Recorded by Louise McKinney, City Clerk, March 28, 1978.