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HomeMy WebLinkAboutRES 0758y A Resolution of application of ington, to the loan. RESOLUTION NO. 7.58 the City of Renton, Washington, the Housing Authority of the City Public Housing Administration for approving the of Renton, Wash - a preliminary 1y4,1HEREAS, the Housing Authority of the City of Renton, Washington is applying to the Public Housing Administration, in accordance with the provisions of United States Housing Act of 1937, as am - mended, for a preliminary loan in the amount of `.40,000.00, to cover the cost of surveys dn-d planning in connection with devel- opment of not to exceed one hundred dwelling units of low rent public housing; and WHEREAS, there exists in the City of Renton a need for such low rent public housing at rents within the means of low income fam- ilies, especially families of living or deceased servicemen.;, which need is not being met by private enterprise; and 1A,1HEREAS, such a condition constitutes a menace to the health, safety, morals and welfare of the inhabitants of the City: NOW., THEREFORE., BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON: That the City Council of the City of Renton does hereby approve the application of the Housing Author- ity of the City of Renton, Washington to the Public Housing Administration for a preliminary loan in an amount not to exceed $40,000.00 to cover the cost of surveys and planning in connection with the develop- ment of not to exceed approximately one hundred dwell- ing units of low rent public housing in the City of Renton; and does hereby declare its intent to enter hereafter into an agreement with said Housing Author- ity for the local cooperation by the City in the pro- vision of said low rent public housing which may be required by the Public Housing Administration pur- suant to the United States Housing Act of 1937, as amended PASSED by the City Council this i4tlilay of February, 1950. APPROVED by the Mayor Approved as to form: Wile Crook Jity Clerk this 14th day of February, 1950. Joe R. Baxter, Mayor