HomeMy WebLinkAbout3674 RESOLUTION NO. 3,674
RESOLUTION OF THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS,
APPROVING UNDERTAKING OF SURVEYS AND
PLANS FOR AN URBAN RENEWAL PROJECT
AND FILING OF AN APPLICATION FOR THE
SOUTH PARK AREA
WHEREAS , under Title I of the Housing Act of 1949, as amended
(herein referred to as "Title I") , the Secretary of the Department
of Housing and Urban Development is authorized to extend financial
assistance to local public agencies in the elimination and preven-
tion of the spread of their slums and urban blight through the
planning and undertaking of urban renewal projects ; and
WHEREAS, it is desirable and in the public interest that the
Housing Authority of the City of Little Rock, Arkansas, make surveys
and prepare plans, presently estimated to cost approximately One
Hundred Sixty-Three Thousand Three Hundred Seventy-One Dollars
($163,371.00) , in order to undertake and carry out an urban renewal
project of the character contemplated by Section 110(c) of Title I,
in that area proposed as an Urban Renewal Area, situated in the City
of Little Rock, County of Pulaski, and State of Arkansas, which is
described as follows:
Beginning at a point which is the intersection of
the north right-of-way line of Roosevelt Road and the
west right-of-way line of High Street; thence, run
easterly along the north right-of-way line of Roosevelt
Road to the east right-of-way line of Cross Street;
thence, run southerly along the east right-of-way line
of Cross Street to the north right-of-way line of
West 28th Street; thence, run easterly along the north
right-of-way line of West 28th Street to the east
right-of-way line of Izard Street; thence, run southerly
along the east right-of-way line of Izard Street to the
north right-of-way line of West 30th Street; thence, run
easterly along the north right-of-way line of West 30th
Street to the west right-of-way line of Arch Street;
thence, run southerly along the west right-of-way line
of Arch Street to the north right-of-way line of the
Chicago Rock Island and Pacific Railroad; thence, run
southwesterly along said railroad right-of-way line to a
point that is the intersection of the north right-of-way
line of said railroad and the south right-of-way line of
West 36th Street extended; thence, run westerly along
the south right-of-way line of West 36th Street to the
west right-of-way line of the alley immediately west of
High Street; thence, run northerly along the west right-
of-way line of said alley to the south right-of-way line
e
of West 34th Street; thence, run easterly along the south
right-of-way line of West 34th Street to the west right-
of-way line of High Street; thence, run northerly along
the west right-of-way line of High Street to the point
of beginning.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
CITY OF LITTLE ROCK, ARKANSAS:
1. That the proposed Urban Renewal Area described above is a slum,
blighted, deteriorated, or deteriorating area appropriate for an urban
renewal project and that the undertaking by the Housing Authority of the
City of Little Rock, Arkansas, of surveys and plans for an urban renewal
project of the character contemplated by Section 110(c) of Title I in
the proposed Urban Renewal Area is hereby approved.
2 . That the financial assistance available under Title I is needed
to enable the Housing Authority of the City of Little Rock, Arkansas, to
finance the planning and undertaking of the proposed Project.
3. That it is cognizant of the conditions that are imposed in the
undertaking and carrying out of urban renewal projects with Federal
financial assistance under Title I, including those relating to (a) the
relocation of site occupants, (b) the provision of local grants-in-aid,
(c) the prohibition of discrimination because of race, color, creed, or
national origin, and (d) the requirement that the locality present to
the Secretary of the Department of Housing and Urban Development, as a
prerequisite to approval of the application described below, a workable
program for community improvement, as set forth in Section 101(c) of
Title I, for utilizing appropriate public and private resources to elimi-
nate and prevent the development or spread of slums and urban blight.
4. That it is the sense of this body (a) that a feasible method
for the relocation of individuals and families displaced from the Urban
Renewal Area, in conformity with Title I, can be prepared, and (b) that
the local grants-in-aid can and will be provided in an amount which will be
not less than one-third of the Net Project Cost of the Project and which,
together with the Federal capital grant, will be generally equal to the
difference between Gross Project Cost and the proceeds or value of project
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land sold, leased, or retained for use in accordance with the urban
renewal plan.
5 . That the filing of an application by the Housing Authority
of the City of Little Rock, Arkansas, for an advance of funds from
the United States of America to enable it to defray the cost of the
surveys and plans for an urban renewal project in the proposed Urban
Renewal Area described above is hereby approved.
ADOPTED: December 19, 1966
ATTEST: APPROVED:
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City Clerk Asst. Ma'or
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