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98 <br /> <br />k RESOLUTIO~f AUTHORIZING THE CITY ~;~n2~AGER TO I1-JCUR COSTS IN <br />CONIqECTiON WIT~] THE PREPARATION OF A COMR4UNITY DEVELOPMENT <br />PROGRAM APPLICATION. <br /> <br /> WHEREAS, final regulations implementing the Housing <br />and Community Development Act of 1974 were published in the <br />Federal Register on November 13, 1974; and <br /> <br /> WHEREAS, certain planning activities must be under- <br />taken by the City of Portsmouth in connaction with the pre- <br />paration of an application to the Department of Housing and <br />Urban Development for community development funds; and <br /> <br /> ~HEREAS, the aforementioned regulations authorize <br />localities to incur costs for the planning'and preparation <br />of a community development application as of ~ovember 13~ 1974, <br />the effective date of these final regulations. <br /> <br /> NOW, THEREFORE~ BE IT RESOLVED, that the City Mana- <br />ger be, and he hereby is, authorized to incur costs for neces- <br />sary activities in conjunction with the planning and prepara- <br />tion of a.co~munity development application for the City of <br />Portsmouth for the 1975 fiscal year. <br /> <br /> BE IT FURTHER RESOLVED, that reimbursement for such <br />expenditures will be dependent upon the availability of com- <br />munity development funds after January 1, 1975, and upon sub- <br />mission of an acceptable community development application to <br />nhe Department of Housing and Urban Development zn accordance <br />with the regulations. <br /> <br /> BE IT FURTHER RESOLVED that costs authorized to be <br />incurred pursuant to this resolution shall be limited to the <br />sum of Five Thousand and OO/i00 ($5,000.) Dollars. <br /> <br /> Adopted by the Council of the City of Portsmouth, Vir- <br />ginia, at a meeting held December 3, 1974. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br /> <br />