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RESOLUTION AUTHORIZING THE EXECUTION OF A COOPERATION AGREEMENT BETWEEN THE CITY OF JONESBORO, ARKANSAS AND THE JONESBORO URBAN RENEWAL & HOUSING AUTHORITY FOR THE COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM, JONESBORO, ARKANSAS
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WHEREAS, the City of Jonesboro is entitled to receive an annual Block Grant from the Department of Housing and urban Development to carry out a variety of community improvement activities and projects under the Community Development Program in accordance with the provisions of Title I of the Housing and Community Development Program; and,
WHEREAS, by virtue of a resolution adopted on October 7, 1974, the City Council of the City of Jonesboro designated the Jonesboro Urban renewal and Housing Authority as the local public agency responsible for the planning and administration of the Community Development Program; and,
WHEREAS, it is necessary and desirable to establish the responsibilities and obligations of both the City and the Jonesboro Urban Renewal and Housing Authority themselves and respectively to each other in regard to Community Development Program; and,
WHEREAS, this Cooperation Agreement describes the responsibilities and obligations of each party during the initial planning and the period of conducting activities under the Community Development Program to the end of the First funding year, estimated to be June 30, 1976, or a date twelve months after HUD’s approval of the Application for the First Year funding;
WHEREAS, said Cooperation Agreement has been reviewed and approved by the Jonesboro Urban Renewal and Housing Authority;
NOW, THEREFORE BE IT RESOLVED by the Mayor and City Council of the City of Jonesboro, Arkansas, that said Cooperation Agreement, attached hereto and made a part of this Resolution, is hereby approved.
BE IT FURTHER RESOLVED, that the Mayor and City Clerk be duly authorized to execute said Cooperation Agreement on behalf of the City.
PASSED and ADOPTED this 21st day of April, 1975.