Laserfiche WebLink
.,:th•. <br /> RESOLUTION NO. 2 <br /> SERIES 1974 <br /> • <br /> A RESOLUTION by the City Council of the City of <br /> Louisville, confirming an agreement of cooperation between the . - <br /> City of Louisville and the Louisville Dousing Authority ;,. <br /> •jri <br /> the submission by the iousi4g Authority of an • ` } <br /> •to the Departmemt of Noosing and Urban DwVelopment .�� <br /> for the construction of 30 rent subsidised, dispersed multi- <br /> family units within the City of Louisville. <br /> WHEREAS, the Louisville Housing Authority proposes <br /> to make application to the Department of Housing and Urban <br /> Development for approval to construct 30 rent subsidized, <br /> dispersed multi-family units; and, <br /> MHLRZAS, for the approval of such application, it <br /> is necessary that the Housing Authority obtain an agreement <br /> of cooperation from the City relative to the planning, con- <br /> struction and operation of this project. <br /> NOM, THEREFORE, Let it be resolved by the City <br /> Council of the City of Louisville that the City hereby commits <br /> and agrees to the following in regards to the proposed projects <br /> (a) That the City of Louisville shall <br /> mike available all presently existing City <br /> ices✓to said project; 464141 ; <br /> (b) That said project shall rat be subject <br /> to the ad valorem taxes as levied by the <br /> City, but that the City shall receive ten <br /> per cent of the annual shelter rent and said <br /> revenue shall be made a part of the City's <br /> general fund; that such payments to the <br /> City shall be voluntary by the Housing <br /> Authority and the City shall not attempt to <br /> force payment by the attachment of a lien on <br /> said project or any other means which may be <br /> available; and that in no case shall the <br /> City collect or be entitled to a yearly sum <br />