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RESOLUTION TO AUTHORIZE THE JONESBORO URBAN RENEWAL AND HOUSING AUTHORITY INCUR COSTS FOR THE PLANNING AND PREPARATION OF APPLICATION OF FUNDS FOR THE COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS
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WHEREAS, the Community Development Block Grant Program has been enacted by Legislation of the Housing and Community Development Act of 1974, Public Law 93-383 which begins on January 1, 1975;
WHEREAS, the City Council desires to apply for these funds by application; and
WHEREAS, the City Council has designated the JURHA to prepare an application; and
WHEREAS, in order to prepare an application, plans must be prepared and other costs incurred; and
WHERAS, upon the effective date of November 13, 1974, the date of the final regulations, applicants by appropriate resolution of the local governing body and as of the date, of said resolution, may begin to incur costs for the planning and preparation of an application for funds available under this part.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF JONEBORO:
1. That the City Council authorizes the JURHA to incur costs for the planning and preparation of an application for funds available under the Community Development Block Grant Funds.
2. That reimbursement for such costs will be dependent upon the availability of funds to implement this program and submission for a timely application in accordance with the regulations under Public Law 93-383 dated Nov. 13, 1974.
3. That cost incurred with local funds pursuant to this paragraph may be reimbursed from an advance of funds.
PASSED AND ADOPTED this 2nd day of December, 1974.