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i-~j.~ ~ ..... ~c~ :~: 7' L OF <br />r-~-~_~-~-~%~- ......... - ~SOLUTtON OF CITY COUNCI PO~TMSOUTH- VIRGI~ <br /> <br /> .... ~PfiOVING T~ ~DEVELOPMENT <br /> ~ T~ FEASIBILITY OF _ :~'" '' <br /> ~LOCATION FO~ P~OJECT NO. <br /> <br /> -':/': '~ w~REAS,, under ~e provisions of Title i of ~e Housin~ Act of 1949; as <br /> ~ended, the Secretary of Housin~ ahd Urbam~evelopment'is authorized t0 provide <br /> financ[~ assistance to Local Public ~encies for unde~aki~¢ and carting out' <br /> redevelopment projects; and <br /> <br /> ~EAS it is provided in such Act ~a~ ¢ontra~ts for financial <br /> s~l require thaZ the ~edevelopment 'Plan 'for the resPecti~ ,projact.are¢ b% approved <br /> by the g6verning bod~ of me loc ~r6ject is Situate~ and ~hk~ such, approv~t <br /> include findings by me governifi : f~nanci~aid ~ b~ prov~.d i~'the <br /> contract is necessary to enabl( ~ m accordancet~ith the~ <br /> <br />Kedevelopmen~ Plan; (Z)the <br />consistent-with the sound needs <br />redevelopmen~ of the ~edevel~r~ent" <br />Plan conforms ~o a general <br />(4) the l{edevelopment Plan g~ve <br />and recreational area and <br />with special cc <br />the general vicinity of the site ~overe <br /> <br />and . . <br /> <br />park <br />ov~ments, <br />lg in <br /> <br /> WHEREAS the ~ <br />the "Local Public Agency") <br />assistance under such Act with <br />S~cretary of Housing and I/ <br />.provided for the prep~ <br /> Porject, Project No. Va. l~- <br /> area described on the <br /> o£ Virginia (herein called <br /> <br />C ornm0nwe alth <br /> <br />· WHEREAS the Local Public Agency ka/~ apptied for a~ditxonat:f, mangi~al <br /> assistance under such Act and proposes:: to enter~mto~ .a.n add!t~ona,!: ~gntra~t 0r co~trac~s <br /> <br /> making available additional financial ~slst~e ~for. t~e P~jeCt; ~ <br /> <br /> W~E~, the made. d <br /> <br /> ~ysic~ condition of structures <br /> c~r~, and economic area <br /> <br /> is. a blighted and dele menaced[to" he <br /> <br /> 's~et~, health, and welfare c thereof and of th~ ~6gality at <br /> la:ge, because of the follo~vin~': 34 <br /> 4ete~ior~ed condition; 19'4 <br /> [o a point requiring clearance; <br /> ~e requ~ed to carry out <br /> 4e~r{of~ted area is' ~ <br /> co~u~ty because of tke dilapidat~o~ 6bsoI>escenc~ ~q~an~ement <br /> "' ~esi~n, ~ck of recreation,' light a'h~ s~ni~'~ ~c~ities, e~cess~ve land <br /> 4~eterious land us~ or oSsolete Iayo~t of the buildings and ~provements; ~aad ~he . <br /> me--ers of'this ~overn~g Bo6~ ~e Local ~ol~c Agency <br /> ~ea~ are a%va~ of these facgs ~nd conditions;; <br /> <br /> <br />