HomeMy WebLinkAboutOrdinances Book 14, Page 327, No Resolution NumberA RESOLUTION APPROVING THE APPLICATION FOR PRELIMINARY
LOAN FOR LOW RENT PUBLIC HOUSING
WHEREAS, it is the policy of this locality to eliminate
substandard 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 environment for all of its
citizens; and
WHEREAS, under the provisions of the United States Housing
Act of 1937, as amended, the Public Housing Administration is
authorized to provide financial assistance to local public housing
agencies for undertaking and carrying out preliminary planning of
low -rent housing projects that will assist in meeting this goal;
and
WHEREAS, the Act provides that there shall be local deter-
mination of need for low -rent housing to meet needs not being
adequately met by private enterprise and that the Public Housing
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 project 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 City of Paducah Municipal Housing Commission
(herein called the "Local Authority") is a public housing agency and
is applying to the Public Housing Administration 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 COR,1ISSIONERS
OF THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. There exists in the City of Paducah, Kentucky a
need for such low -rent housing at rents within the means of low-income
families.
SECTION 2. The application of the Local Authority to the public
Housing Administration for a preliminary loan in an amount not to exceed
$42,500.00 for surveys and planning in connection with low -rent housing pro„
ects of not to excees 250 (approximately) dwelling units, is hereby approves
SECTION 3. This Resolution shall be in full force and effect
from and after its adoption. I
C@
Mayor
Passed by the Board of Commissioners August 3, 1960
Recorded by Sarah Thurman, City Clerk, August 3, 1960.
327