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5 <br /> <br />RESOLUTION OF THE COUNCIL OF THE CITY OF PORTS- <br />MOUTH APPRO¥ING AND AUTHORIZING THE EXECUTION <br />OF A REVISED COOPERATION AGREEMENT WITH THE <br />PORTSMOUTH REDEVELOPMENT AND HOUSING AUTHORITY <br />FOR THE PARK VIEW CONSERVATION PROJECT, VA. R-48 <br /> <br />WHEREAS, under the provisions of Title I of the Housing Act Of 1949 as amended, <br />tl~e Secretary of Ho~using and Urban Development ente red into a contract with the <br />Portsmouth Redevelopment and .Housing Authority on June ZS, 1969, to provide <br />financial assistance to the Authority for undertaking urban renewal activities <br />within the Park Vie~v-Conservatlon Project, Va. R-48, as specified in the docu- <br />ment entitled, "Conservation Plan for the Park View Conservation Project, <br />Va. R-48," which has been approved by both the Authority and the City of Ports- <br />mouth; and <br /> <br />WHEREAS, the Authority has applied for additional financial assistance under <br />said Act in order tO complete said project and proposes to enter into anvamended <br />contract with the Department of Housing and Urban Development fdr the under- <br />taking of and for making available additional financial assistance for the project; <br />and --- <br /> <br />WHEREAS, a revised Cooperation Agreement for the Said project has been pr.e- <br />pared which adjusts the obligation of the City to accord ~vith said amendatory ap- <br />plication, which revision has been carefully reviewed at this meeting; and <br /> <br />WHEREAS, the City Council is cognizant of th~ conditions that are imposed 'in the <br />undertaking and carrying out of urban renewal projects with Federal f~nancial as- <br />sistance under Title I, including those prohibiting discrimination because of race, <br />color, creed, or national origin; <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth: <br /> <br />That it is hereby found and determined that said additional financial aid to be <br />provided pursuant to the contract for Federal financial assistanc~ pertaining <br />to the project is necessary to enable the project to be completed in accordance <br />w~th the Conservation Plan for the Park View Conservation Project, Va. R-48. <br /> <br />That additional financial assistance under the provisions of Title I of the Hous- <br />ing Act of'1949, as amended, is necessary, and accordingly, the filing by the <br />Authority of application for such financial assistance under Title I is hereby <br />approved. <br /> <br /> <br />