1970 Resolutions - Laserfiche WebLink

Home Browse Search

3. That it is cognizant of the conditions that sre im- posed in the undertak~ ~ud carryiDg out of urban renewal projects with Federal financial as~sistance under' Title I, including 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 natio~l origin, and (d) the requirement that the locality present to the Secretary of Housing and Urban De-- velopment, as a prerequisite to approval of the application described below, a Workable Program for Commuoity Improvement, as set foPth in Section 101 (c) of Title I, for utilizing appropriate public and pri- vate resources to eliminate and prevent the 'development or spread of ~ slums and urban blight. 3. That it is the sense of this body (a) that a feasible method for the relocation of individuals and families displaced from the Urban Rene~t Area in conformity with Title I, can be prepped, and (b) that the local grants - in - aid can ~_ud~will be provided in ah amo~ut which will be not less than one-t ~hird of the Net Project Cost of the Project and wkich, 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. - ~I ~ 5. Taat the filing of an application by the Portsmouth Re- m .d~velopment a~r~d Housing Authority for an advance of funds ~m the ~6ited States of America to enabl~ it to defray the cost of the sur- ~ v~ys and plans for.an urban renewal project in the propgsed Urban R~newal Area descrmbed above is hereby approved. Adopted by the Council of the City of Portsmouth, Virginia, at a meeting held January 13; 1970. ~este: City Clerk