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RESOLUTION
RESOLUTION APPROVING 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 sprsad of slums and blight, and to realize as soon as feasible the goal
of a decent home in a suitable living evironment for all of its citizens; and
WHEREAS, under the provisions of the United States Housing Act of 1937, as amended,
the United States of America, acting through the Secretary of Housing and Urban Development
(Herein called the "Government"), 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 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 the City of Georgetown (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 Councilmen of the City of the City of
Georgetown as follows:
1. That there exists in the City of Georgetown a need for such low -rent housing which
is not being met by private enterprises;
2. That the application of the Local Authority to the Government for a preliminary loan
in an amount not to exceed $12,000.00 for surveys and planning in connection with low -rent
housing projects of not to exceed approximately 30 dwelling units is hereby approved.
READ, PASSED AND APPROVED this the 11th day of March, 1980.
\ I.
.+ D. . W.
ATTEST:
W. L. Walden, City Secreta---