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<br />R E S,O L UTI 0 N <br /> <br />RESOLUTION APPROVING APPLICATION FOR PRELIMINARY <br />LOAN FOR LOW-RENT PUBLIC HOUSING <br /> <br />I <br /> <br />WHEREAS, it is the policy of this locality to eliminate sub- <br />standard and other inadequate housing, to prevent the spread <br />of slums and blight, and to realize as soon as feasible the <br />goal of a decent home in, a suitable living environment for <br />all of its citizens; and <br /> <br />WHEREAS, under the provisions of the United States Housing <br />Act of 1937, as amended, the Public Housing Administration <br />is authorized to provide financial assistance to local public <br />housing agencies for undertaking and acrrying out preliminary <br />planning of low-rent housing projects that wi II assist in meet- <br />ing this goal; and <br /> <br />I <br /> <br />WHEREAS, the Act provides that there shal I be local determin- <br />ation of need for low-rent housing' to meet needs not ade- <br />quately met by private enterprise and that the Public Housing <br />Administration shall not make any contract with a public hous- <br />ing agency for preliminary loans for surveys and planning in <br />respect to any low-rent housing projects unless the governing <br />body of the locality involved has by resolution approved the <br />appl ;cation of the public housing agency for such preliminary <br />loan; and <br /> <br />WHEREAS, the Housing Authority of San Marcos, Texas (herein <br />called "the Local Authority") is a public housing agency and <br />;s applyi~gto the Public Housing Administration for a pre- <br />liminary loan to cover the costs of survey and planning in <br />connection with the development of low-rent housing: <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Governing Body of the <br />City of San Marcos, as follows: <br /> <br />I. There exists in the City of San Marcos, Texas, a need <br />for such low-rent housing at rents within the means of low- <br />income and elderly fami lies. <br /> <br />2, The application of the Local Authority to the Public <br />Housing Administration for a preliminary loan in an amount <br />not to exceed $23,750.00 for surveys and planning in connect- <br />ion with low-rent housing projects not to exceed approximate- <br />ly 125 dwel I ing units is hereby approved, <br /> <br />PASSED AND APPROVED this 22nd <br /> <br />day of ~f;~: A'D',' I p~?6. , <br />"//~~. <br /> <br />Ell is Serur <br />Mayor <br /> <br />I <br /> <br />Al~~ST: ,'"11 <br />~lO {~L /~ /19t!hlL t(,{L <br /> <br />Dorothy 0 orrell <br />City See et ry <br />