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HomeMy WebLinkAboutR-78-0814"SUPPORTIVE DOCU MENTS LIOW RESOLUTION NO, . fit- 8 , A RESOLUTION AUTHORIZING THE CITY MANAGER TO SUBMIT A HOUSING PROGRAM PROPOSAL TO THE UNITED .STATES DEPARTMENT OF HOUSING AND .RBAN DEVELOPMENT AND TO PROCEED WITH THE VALIDATION OF $6 000i000 IN GFNERAL OBLIGATION HOUSING BONDS; STIPULATING THAT UNuss THE AFORESAID PkoPOSAL Is APPROVED TEE BONDS Witt, NOT tt SOLD. WHEREAS, the City of Miaini has a demonstrated need for the provision of safe, sanitary, and decent housing for its low and moderate income citizens; and WHEREAS, available federal programs and resources for the provision of such housing are not expected to be sufficient to meet current and projected needs; and WHEREAS, in recognition of its responsibility to assist in the provision of housing for its low and moderate income citizens, the City of Miami passed a Housing Bond issue to provide funds for the development of such housing; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF IVIIAMI, FLORIDA: Section 1, The City tanager Is hereby authorized to submit a Housing Development Program proposal to the United States Department of Housing and Urban Development which combines proceeds from the sale of General Obligation Housing Bonds in the amount of $6,000,000 and federally assisted housing units for the development of 770 units of housing for low and moderate income elderly and families. Section 2. The City Manager is hereby authorized to proceed with the validation of $6,000,000 in General Obligation Housing Bonds with the stipula- tion that unless the aforesaid proposal is approved the bonds will not be sold, PASSED AND ADOPTED this 14 day of DECEMBER 1973. ATTEST: ALP} 0, ONGIE TTY CLERK MAURICE A, FERRE MAYOR "DOCUMENT INDEX ITEM N LRT 114 'CLAMC AR E F�, KN -ASSISTANT CITY ATTORNEY ���.Y ATT.ORN:. M AND CORRECTNESS: TY COMMISSION MgETHNG OF DEC P41976 !Niti-•C.!*% C . /1EMCf'rilli'iLUM Joseph It: Crassie City Manager Dena 8pii1ti l Director Community Development becemoet 9, 1978 grt.t. Adceptance of Housifig DeVelopMent Ptograiii rF r-tw,c%s: City Comfnission Agenda becembet 14# 1978 Attached for City CoMmission review is a resolution approving the Housing Development Program as presented at the City Commission. Committee of the Whole meeting and authorizing the Manager to proceed to validate $6,000000 in housing bonds for the purpose of acquiring land for subsidized housing for low and moderate income people: Approval by the City commission is requested: /rjf Enclosure