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HomeMy WebLinkAbout0197_19090 RESOLUTION APPROVING COOPERATION AGREEMENT WITH THE HOUSING AUTHORITY OF THE CITY OF GEORGETOWN, TEXAS AND AUTHORIZING ITS EXECUTION. WHEREAS, the City of Georgetown, Texas, has caused to be published twice in its officially designated newspaper the notice of its intent to enter into a Cooperation Agreement with the Housing Authority of the City of Georgetown, Texas; and WIiLICUS, 60 days or more have elapsed since the date of the first publication of said Notice, with no petition for election being filed in accordance with the Housing Cooperation Law of Texas. NOW, THL EFOR.E, BE IT RE.SLOVED BY TUE COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, AS FOLLOWS: 1. The Cooperation Agreement betweezuithe City of Georgetown, Texas and I'Le the Housing Authority of the City Georgetown, Texas, is hereby approved. 2. The Mayor of the City of Georgetown, Texas is hereby authorized and directed to execute said Agreement and the Secretary of the City of Georgetown, Texas, is hereby authorized and directed to seal and attest said Cooperation Agreement in the name of the City of Georgetown, Texas. 3. This Resolution shall become effective immediately. 4. The Cooperation Agreement is in the gollowing form, to -wit: Mr. Eanes, Moved it's adoption and Mr. Gold, seconded. The vote on roll call was recorded as follows: ,AYES: Sloan, Davis, Gold, Eanes, Lyda, and Brock. NOES: None There upon the Resolution was declared duly adopted and passed. COOPERATION AGREE192sT This Agreement entered into this 9th day of Bebruary, 1970, by and between the Housing Authority of The City of Georgetown, Texas, (hereincalled the "Municipality"), WITNESSETH: In consideration of the mutual covenants hereinafter set forth, the parties hereto do agree as follows: 1. Whenever used in this Agreement: (a) The term "Project" shall mean any low -rent housing hereafter developed as an entity by the Local Authority with financial assistance of the United States of America (herein called the "Government"), pursuant to the United States Lousing Act of 1937, as amended, and the Depart- ment of Housing and Urban development Act; excluding, however, any low - rent housing project covered by any contract for loans and annual contributions entered into between the Local Authority and agencies of the Government prior to the date of this Agreement. (b) The term !Taxing Body" shall mean the State or any political subdivision or taxing unit thereof in which a Project is situated and whip would have authority to assess or levy real or personal property taxes or to certify such taxes to a taxing body or public officer to be levied for its use and benefit with respect to a Project if it were not exempt from taxation. (c) The term "Shelter Rent" shall mean the total of all charges to all tenants of a Project for dwelling rents and nondwelling rents (exclud- ing all other income of such Project), less the cost to the Local Auth- ority of all dwelling and nondwelling utilities. (d) The term "Slum" shall mean any area where dwellings predominate whieh, by reason of dilapidation, overcrowding, faulty arrangement or design, lack of ventilation, light or sanitation facilities, or any combination of these factors, are dettimental to safety, health or morals. 2. The Local Authority shall endeavor (a) to secure a contract or con- tracts with the Government for loans and annual contributions covering one or more Projects comprisingapproximately 200 units of low -rent housing and (b) to develop and administer such Project or Projects, each of which shall be located within the corporate limits of the Municipality. The obligations of the parties hereto shall apply to each such Project.