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<br />I <br /> <br />I <br /> <br />I <br /> <br />Federal capital grant, will be generally equal to the difference <br />between Gross Project Cost and the proceeds or value of Project <br />land sold, leased, or retained for use in accordance with the <br />Urban Renewal Plan; and (d) that there shall be prepared and <br />carried out a plan for the encouragement, to the maximum <br />extent feasible, of the provision of dwellings suitable for <br />the needs of individuals and families displaced by the major <br />disaster or by redevelopment or rehabilitation activities in <br />connection with the Project; and it is the sense of this body <br />that such conditions can and will be complied with. <br /> <br />3. That the filing of an application by the Urban Renewal <br />Agency of San Marcos, Texas, for surveys and plans for an Urban <br />Renewal Project in the Urban Renewal Area described on Exhibit <br />"A" is hereby approved. <br /> <br />ATTEST: <br /> <br />~~oH~Q9th~ ~ <br /> <br /> <br />PASSED AND APPROVED this 27th d <br /> <br />-2- <br />