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9O <br /> <br />A RESOLUTION AUTHORIZING THE CITY MANAGER TO ~'i'~ ~ A CLOSqECI~ <br />AG~EF~5~ FOR CRAWFORD URBAN RENEWAL PROJECT VA. R-53. <br /> <br /> WHEREAS, the Portsmouth Redevelopment And Housing Aub_b~rity (PRHA) <br />has undertaken a redevelopment program with financial assistance from <br />the Department of Housing And Urban Development (HUD) and local cooperation <br />by the City, with programs identified as "Crawford Urban Rene%ral Project, <br />Va. R-53; and <br /> <br /> WMEEFAS, the PRHA entered into Loan and C~ntract No. Va. R-53 with <br />HUD to provide federal fin~acial assistance with the undertaking of the <br />program; and <br /> <br /> W~i~a~EAS, on August 8, 1967, PRHA and the City entered into a <br />cooperation agree~aent, said agreement having been amended frc~ time to <br />time, by which the City agreed to, and did provide, certain local assis- <br />tance for the progr~n; and <br /> <br /> B~RREAS, the parties hereto desire to enter into a financial <br />settlement of the program as authorized by Section 112 of the Housiu~ <br />And Cc~L~f~onity Development Act of 1964 (PL93-383) and the provisions of <br />24CFR of Part 570, sub-part I; and <br /> <br /> WHEREAS, it is certified that enviror~nental review pursuant to <br />24CFR Part 58.20 has ~een ccmpleted by PRHA, and that the citizen <br />participation required under Section 570.803(d)(2) of said Federal <br />Registrar has been cc~pleted. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Ports- <br />mouth that the City Manager is authorized to sign a Closeout Agreement <br />for the Crawford Urban Renewal Project Va. R-53. <br /> <br />This Resolution shall take effect fz~n the dabe of its adoption. <br /> <br /> Adopted by the Council of the City of Portsmouth, Virginia, at a <br />meeting held August 23, 1977. <br /> <br />City Clerk <br /> <br /> <br />