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32E
<br />
<br />November 22. 1977
<br />
<br /> WHEREAS, the Portsmouth Redevelopment And Housing Authority has undertaken a redevelop-
<br />ment program with financial assistance from the Department of Housing And Urban Development
<br />(HUD) and local cooperation by the City, with programs identified as "Northside Redevelopment
<br />Project" VA. R-59; and
<br />
<br /> WHEREAS, the Portsmouth Redevelopment And Housing Authority entered into a Loan
<br />Contract with the Department of Housing And Urban Development to provide Federal financial
<br />assistance with the undertaking of the program; and
<br />
<br /> WHEREAS, on August 9, 1966, Portsmouth Redevelopment And Housing Authority and the
<br />City of Portsmouth entered into a Cooperation Agreement, said Agreement having been amended
<br />from time to time, by which the City agreed to, and did provide, certain local assistance
<br />for the program; and
<br />
<br /> WHEREAS, the parties hereto desire to enter into a financial settlement of the program
<br />as authorized by Section 112 of the Housing And Community Development Act of 1964 (PL95-
<br />383) and the provisions of 24CFR of Part 570, sub-part I; and
<br />
<br /> }CHEREAS, it is certified that environmental review pursuant to 24CFR Part 58.20
<br />has been completed by Portsmouth Redevelopment And Housing Authority and that the citizen
<br />participation required under Section 570.805(d)(2) of said Federal Registrar haS been
<br />completed.
<br />
<br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia,
<br />that the City Manager be, and he hereby is, authorized to sign a Closeout Agreement for
<br />the Northside Redevelopment Project, VA. R-59.
<br />
<br />This resolution shall take effect from the date of its adoption."
<br />
<br />Ayes: Barnes, Early, Elliott, Holley, Oast, Wentz, Davis
<br />Nays: None
<br />
<br /> 77-456 - "Consideration of a resolution authorizing the City Manager to enter into a
<br />Close-out Agreement with the Portsmouth Redevelopment and Housing Authority and the Depart-
<br />ment of Housing and Urban Development for the MoUnt Hermon Urban Renewal Project, VA. R-69.
<br />
<br />See letter 77-454. The City Manager recommends adoption."
<br />
<br /> On motion of Mr. Oast and seconded by Mr. Barnes, the following resolution was adopted,
<br />and b7 the following vote:
<br />
<br />"A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A CLOSEOUT AGREEMENT
<br />WITH PORTSMOUTH REDEVELOPMENT AND HOUSING AUTHORITY AND THE DEPARTMENT OF HOUSING
<br />AND URBAN DEVELOPMENT FOR MOUNT HE~MON RENEWAL PROJECT VA. R-69.
<br />
<br /> WHEREAS, the Portsmouth Redevelopment And Housing Authority has undertaken a redevelop-
<br />ment program with financial assistance from the Department of Housing And Urban Development
<br />(HUD) and local cooperation by the City, with programs identified as "Mount Hermon Renewal
<br />Project VA. R-69; and
<br />
<br /> WHEREAS, the Portsmouth Redevelopment And Housing Authority entered into a Loan
<br />Contract with the Department of Housing And Urban Development to provide Federal financial
<br />assistance with the undertaking of the program; and
<br />
<br /> WHEREAS, on September 1S, 1972, Portsmouth Redevelopment And Housing Authority and
<br />the City of Portsmouth entered into a Cooperation Agreement, said Agreement having been
<br />amended from time to time, by which the City agreed to, and did provide, certain local
<br />assistance for the program; and
<br />
<br /> WHEREAS, the parties hereto desire to enter into a financial settlement of the program
<br />as authorized by Section 112 of the Housing And Community Development Act of 1964 (PL95-
<br />385) and the provisions of 24CFR of Part 570, sub-part I; and
<br />
<br /> WHEREAS, it is certified that environmental review pursuant to 24CFR Part 58.20
<br />has been completed by Portsmouth Redevelopment And Housing Authority, and that the citizen
<br />participation required under Section 570.803(d)(2) of said Federal Registrar has been
<br />completed.
<br />
<br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia,
<br />that the City Manager be, and he hereby is, authorized to sign a Closeout Agreement for
<br />the Mount Hermon Renewal Project, VA.
<br />R-69.
<br />
<br />This resolution shall take effect from the date of its adoption."
<br />
<br />Ayes: Barnes, Early, Elliott, Holley, Oast, Wentz, Davis
<br />Nays: None
<br />
<br /> 77-457 - "Consideration of a resolution authorizing the City Manager to enter into a
<br />Close-out Agreement with the Portsmouth Redevelopment and Housing Authority and the Departmenl
<br />of Housing and Urban Development for the Effingham Urban Renewal Project, Va. R-72.
<br />
<br /> See letter 77-434. The City Manager recommends adoption."
<br />
<br /> On motion of Mr. Oast and seconded by Mr. Barnes, the following resolution was adopted,
<br />and by the following vote:
<br />
<br />
<br />
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