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<br />CITY OlE' LOUISVILLE, CO:.,ORADO
<br />RESOLUTION ~~~,
<br />Series 1973
<br />RES~~LUTION OF THE COUNCIL OF THE CITY OF LOUISVILLE APPROVING
<br />NEIGHBORHOOD DEVELOPMENT PROGRAM ANNUAL INCREMENT, FILING OF
<br />APPLICATION FOR FINANCIAL ASSISTANCE, AND URBAN RENEWAL PLAN
<br />WHEREAS, under •the provisions of Title I of the Housir.,
<br />Act of 1949, as amended, the Secretary of Housing and Urban
<br />Development is authorized to provide financial assistance to
<br />Local Public Agencies :Eor undertaking and carrying out Neighbor-
<br />hood Development Programs; and
<br />WHEREAS it is provided in such Act that contracts for
<br />financial ate:: thereunder shall require that the Urban Renewal
<br />Plar. for the respective urban renewal area comprising the
<br />1~~:~yhborhood Development Program be approved by the governing
<br />body of the locality i;n which the area is situated and that
<br />such approval include :findings by the governing body that:
<br />(1) the financial aid to be provided in the contract is
<br />necessary to enable the Program to be undertaken in accordancF
<br />with the Urban Renewal Plan; (2) the Urban Renewal Plan w~ll
<br />afford maximum opportunity, consistent with the sound neeus ~.-
<br />the locality as a whole, for the rehabilitation or redevelop-
<br />went of the urban renewal area by private enterprise; (3) the
<br />Urban Renewal Plan conforms to a general plan for the develop-
<br />ment of the locality as a whole; and (4) the Urban Ren~~aal
<br />Plan gives due consideration to the provision of adequate path
<br />and recreational areas and facilities, as may be desirable rot
<br />neighborhood improvement, with special consideration for the
<br />health, safety, and welfare cf children residing in tY,P genex~:i
<br />vicinity of the site covered by the Plan; and
<br />WHEREAS the Local Public Agency has applied for add-~~..c~nd1
<br />financial assistance under such Act and proposes to enter into ar
<br />additional contract or contracts with the Department of Housinc
<br />and Urban Development ;for the undertaking of, and for making
<br />available additional financial assistance for, the Program; any:
<br />WHEREAS the Local public Agency has made studies of r`t.
<br />location, physical condition of structures; land use; enviror.~ent:,_
<br />influences, and social, cultural, and economic conditions of the
<br />urban renewal area or areas comprising the Program and has d• er-
<br />mined that the area is a slum and blighted area and th,t ~L Ls
<br />detrimental and a menace to the safety, health, and wel`a~ ~r
<br />tree inhabitants and users thereof and of thr~ Locality :t ...:r.;~~,
<br />i~ccause the area contains a predominance of residenti~~ ar,~
<br />r.~~n-residential buildings and improvements, which by zs
<br />of dilapidation, deterioration, age, obsolescense, in a...,c; ,
<br />provision for ventilation, light, air, sanitation and ot~cyn ~ ,
<br />and the existence of conditions which endanger life or pj-,,~~,
<br />by fire and other causes, substantially impairs and ari-eti~ .~
<br />sound growth of the Locality, retards the provision of hc•
<br />accomodations, and is an economic and social liabilit}•, ~,t.t
<br />members of this Governing Body have been fully appris~ h~
<br />Local Public Agency and are aware of these facts ~•~nd :~, ~na ;
<br />and
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