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52 <br /> <br />A RESOLUTION SUPPORTING THE APPLICATION OF THE VIRGINIA <br />MUNICIPAL LEAGUE, THE VIRGINIA COmmONWeALTH UNIVERSITY <br />CENTER FOR PUBLIC AFFAIRS, AND THE VIRGINIA MUNICIPAL <br />FINANCE OFFICERS ASSOCIATION TO THE UNITED STATES DEPART- <br />MENT OF HOUSING AND URBAN DEVELOPMENT FOR A GRANT TO <br />DEVELOP AND DEMONSTEATE THE FINANCIAL MANAGEMENT INTRASTATE <br />TECHNICAL ASSISTANCE NETWORKS. <br /> <br /> ~EREAS, the increasing need for better financial <br />management by local governments throughout the Nation has <br />become well known; and <br /> <br /> WHEREAS, the financial informational needs of elected <br />and appointed local officials have become increasingly <br />greater; and <br /> <br /> WHEREAS, the technical training and expertise of local <br />government finance officers have become increasingly important; <br />and <br /> <br /> WHEREAS~ a proposed joint program to increase local <br />government demand for better financial management information <br />and practices has been developed jointly by the Virginia <br />Municipal Leaguer the Virginia Commonwealth University Center <br />for Public Affairs, and the Virginia Municipal Finance Officers <br />Association; and <br /> <br /> ~VHEREAS, the United States Department of Housing and Urban <br />Development has requested grant applications to develop and <br />demonstrate the Financial Management-Intrastate Technical <br />Assistance Networks; and <br /> <br /> WHEREAS, the City Council is of the opinion that the <br />training and individual technical assistance to be provided <br />by the aforesaid proposed join~ program will serve valuably <br />to improve the financial management capability of local <br />governments throughout the Commonwealth of Virginia. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City <br />of Portsmouth, Virginia, that the Council endorses the aforesaid <br />proposed joint program and urges the United States Department <br />of Housing and Urban Development to provide funding for the <br />said grant application. <br /> <br /> Adopted by the Council of the City of Portsmouth, Virginia, <br />at a meeting held June 5, 1979. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />