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TNm CDTjNCer O? '~:1,2 r-~-'~v 03 ~ ESO~U Z'iDX OF ...... .... r .... vLRGiNL& APPROVING mz:m CON- ~'~P FEASiBiLiTY OF SERVATiON PLAN AND l .... RELOCATION FOR P~P~ CLDE TOV~NE CONSER- VATION PROSEGT, PROJECT NO, VA. R-49 ~Tt~ERE_~S, under the provisions of Title I of the l-lousing Act of i9&9, as amended, the Secretary of i{ousing and Urban Developmen~ is authorized ~o pro- vide financial assistance ~o Local ~blic ~genc~es mcr undertaking carry~g o~ conservation projec~s~ and Vff~E~S, it is provided in such %ct tha~ con~raczs for financial aid '= shall require ~a.u the Conservation Plan l.r the resoective projec~ area be approved by the governing body of the loc~!ity in which the pro~ec~ is situated and ~ha~ such approval include findings by the governmng body that: (!) the financial aid to be provided in the conzract is necessary~_. ~r° enable, the pro- jec~ ~o -ae ~ander'~aken ~n accordance with the Conservation P~an, {Z) the Con- servation ~ian will afford maximum opportunity~ :onsisuenu with the~ sound~ needs of the locality as a whole, for the rehabiti~anion or reaexelcpmen~ of ~he Con- serva~ion area bypriva~e enterprise; (3) the Consezva~o~ general plan for the developmen~ of the locality as a whole; and {4) t~e Oonser- ' , consxder~lon t the provision of adequate pazk ~nd recrea- ration Plan gives aec ' ~' o tional ~reas and facilities, as m~y be desirable for neighborhood im_provemem~, with special consideration for the ~ealth, safety ap_d welfare of c~ildren resid- ing in the general vicinity of the site covered by the Plan; and WHEREAS, the Por~s mov~n Redevelop:m-en~ aha Housing Authority (n~ ~ ~ ~ planning contr~c~ for linen- called the ~Loca! Public Agencyn) has entered _n~o a ciml assistance under s~ch Act with the United Sta~es of America., gcting by ~nd ..... pursuan~ ~o which through the Secresary of Housmng and Urban Devezopmun~, Federei fends were prov:dee for the prep=r~_on surveys end o~ans ~o~ Olde Towne Conservation Project, Projec~ No.' Va. R-49 (herein celled the ~Pro- ject~) and encot~pgss~ng tke urea eescrloee on ~he m~ached ~oundary Description: located in the City of Portsm~outh~ Virginia (herein called the ULoc~li~y'~); and ~. , ' ..... ~ financial assistance under sect Act and proposes ~o anser inso an additional consrac~ or consrac~s with the ~ousin8 and Home Pinance Agency for the undertaking oi, and lo~ ~aking area. able eo.{l~lcnaz nnanc~az assistance for the Proiect: and ?fHEREAS, the Local Public Agency has made de~ailed s~dies of the ~-' ~ ~ r='~" condition of s~ruczures, land use, environ~enta! influences, ':~' - ~ of the Pro"ec5 area and ~as deser- .... ~ ~ -o-, ~ ' ' ~ted or deteriorating are~: suscep~.o~e -~"~' ~ is detrimental and a menace to the health, safety, re. orals and welfare of the inha'bitan~s and users thereof and of - ~ ' the 57. 6 project acres, ~ne .oc~l~y a5 large: oecause of the following: 43.~ a o~ or 75.3 pe~en~ are ~n a blighted and de~eri .... ~ condition; 137 of the Z63 ~rincipa! bui!dings~ or 5Z ~ercen% are blighted and deteriorated; end the clear- gnce of i4 principal buildings: or 5.3 percent, is required ~o renlove~blighting mnz!ue_~es andzor 5o achieve the objectives of - - ' ~-' is detrim_ental :o the safety, this biig~ed dener~crased or deterlora~ng area " ' '- ~ ~e of dgaoidation and basic