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2647 RESOLUTION NO. 2,647 RESOLUTION OF THE CITY BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS, APPROVING UNDERTAKING OF EAST END GENERAL NEIGHBORHOOD RENEWAL PLAN AND FILING OF APPLICATION FOR FEDERAL ADVANCE OF FUNDS WHEREAS, under Title I of the Housing Act of 191i9, as amended, the Housing and Home Finance Administrator is authorized to extend financial assistance to localities in the elimination and prevention of the spread of their slums and urban blight through the planning and undertaking of urban renewal projects; and WHEREAS, under Section 102(d) of said Title I, the Housing and Hone Finance Administrator may make advances of funds for the preparation of General Neighborhood Renewal Plans for urban renewal areas of such scope that the urban renewal activities therein may have to be carried out in stages over a period of not more than 10 years; and WHEREAS, it is desirable and in the public interest that the Housinc Authority of the City of Little Rock, Arkansas, prepare such a General Neighbor- hood Renewal Plan, presently estimated to cost $95,945.00 in that certain area, proposed as an Urban Renewal Area, situated in the City of Little Rock, County of Pulaski, and State of Arkansas, and described as follows: On the north by the Arkansas River; on the east by a line one-half block east of River Street, Harrington Street, Frazier-Bond Street and Fletcher Street extended; on the south by east 10th Street, a line 200 feet south of east 13th Street, east. 17th Street, and one-half block south of 21st Street; on the west by the center line of the Third Bridge Expressway. NOW, THEREFOPE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS, as follows: 1. That the proposed Urban Renewal Area described above is an area of such scope that it is estimated that the urban renewal activities therein may have to be carried out in stages over a period of not more than IC years. 2. That the undertaking by the Housing Authority of the City of Little Rock, Arkansas, of the preparation of a General Neighborhood Renewal Plan for the proposed Urban Renewal Area described above is hereby approved. 3. That it is cognizant of the intention of the Housing Authority of the City of Little Rock, Arkansas, to undertake an urban renewal project promptly upon completion of the General Neighborhood Renewal Plan and the preparation of an urban renewal plan for such project, which project shall embrace at least 10 percent of the Urban Renewal Area and shall be of the character contemplated by Section 110(c) of said Title I. t#. That it is cognizant of the conditions that are imposed in the undertaking and carrying out of urban renewal projects with Federal assistance under Title I, including the requirements that a General. Neighborhood Renewal Plan conform to the Workable Program of the community, as set forth in Section 101(c) of Title I, and to a general plan of the locality as a whole, as well as those requiring a feasible method of relocation and the provision of necessary local grants-in-aid. 5. That it is the intention of this body that the General Neighborhood Renewal Plan will be used to the fullest extent feasible as a guide for the provision of public improvements in such Area and that the Plan will be con- sidered in formulating codes and other regulatory measures affecting property in the Area and in undertaking other local governmental activities pertaining to the development., redevelopment, rehabilitation, and conservaticn of the Area. 6. That the filinc of an application by the Housing Authority of the City of Little Rock, Arkansas, advance of funds from the United States in an amount not to exceed $ 95,915.00 for the preparation of a General Neighborhood Renewal Plan for the Urban Renewal Area described above is hereby approved. ADOPTED: February 20, 1961 APPROVED: W. U . Knoop ATTEST: Mayor Pauline G. Beeson ity C1er1: