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RESOLUTION TO APPROVE THE PROPOSED PROGRAM AND ANNUAL INCREMENT AND AUTHORIZE THE LOCAL PUBLIC AGENCY TO FILE AN APPLICATION FOR FINANCIAL ASSISTANCE UNDER TITLE I OF THE HOUSING ACT (NOTE: THIS PLAN WAS AMENDED BY RES-72:019 ON DECEMBER 4, 1972; RES-74:26 ON NOVEMBER 18, 1974)
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WHEREAS, under the provisions of Title I of the Housing Act of 1949, as amended, the Secretary of Housing and Urban Development is authorized to provide financial assistance to local public agencies for undertaking and carrying out Neighborhood Development Programs; and
WHEREAS, it is provided in such Act that contracts for financial aid thereunder shall require that the Urban Renewal Plan for the respective Urban Renewal Area comprising the NDP be approved by the governing body of the locality in which that area is situated and that such approval include findings by the governing body that the financial aid to be provided in the contract is necessary to enable the project to be undertaken in accordance with the Urban Renewal Plan, the Urban Renewal Plan will afford maximum opportunity, consistent with the sound needs of the locality as a whole, for the rehabilitation or redevelopment of the Urban Renewal Area by private enterprise; the Urban Renewal Plan conforms to a general plan for the development of the locality as a whole; and the Urban Renewal Plan gives due consideration to the provision of adequate park and recreational areas and facilities, as may be desirable for neighborhood improvement, with special consideration for the health, safety and welfare of children residing in the general vicinity of the sites covered by the Plan; and
WHEREAS, it is desirable and in the public interest that the Urban Renewal and Housing Authority undertake and carry out the Neighborhood Development Program identified as Jonesboro Center Neighborhood Development Program and encompassing the area or areas bounded as follows:
On the South. The southern boundary of the areas basically fol...
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