1971 Resolutions - Laserfiche WebLink

Home Browse Search

3. That it ts cognizant of the conditions that are imposed in the undertaking and carrying out of urban renewal projects with Federal financial assistance under Title i, in- cluding those relating to (a) the relocation of site occupants (b) the provisions of local grants-in-aid (c) the prohibition of discrimination because of race, color, creed, or national origin, and (d) the requirement that the locality present to the Secretary of Housing and Urban Development, as a prerequi- site to approval of the application described below, a Workable Program for Co--unity Improvement, as set forth in Section 101 (c) Title I, for utilizing appropriate public and private resources to eliminate and prevent the development or spread of slums and urban blight. 4. That it is the sense of this body (a) that a feasible method for the relocation of individuals and fami- lies displaced from the Urban Renewal Area in conformity with Title I, can be prepared, and (b) that the local grants-in-aid can and will be provided in an amount which will be not less than one-third of the Net Project Cost of the Project and which, together with the Federal capital grant, will be generally equal to the difference between Gross Project Cost, and the proceeds or value of Project land sold, leased, or retained for use in accordance with the urban renewal plan. 5. That the filing of an application by the Ports- mouth Redevelopment and Housing Authority for an advance of funds from the United States of America to enable it to defray the cost of the surveys and plans for an urban renewal project in the proposed Urban Renewal Area described above is hereby approved. Adopted by the Council of the City of Portsmouth, Virginia, at a meeting held July 13, 1971. Teste: City Clerk