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Res 120-93 8/17/1993RESOLUTION NO. 41--9-3 RESOLUTION APPROVING THE FINAL STATEMENT OF COMMUNITY DEVELOPMENT OBJECTIVES AND PROPOSED USE OF FUNDS UNDER THE HOUSING AND COMMUNITY DEVELOPMENT ACT OF 1974, AS AMENDED, AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE 1993-1994 FISCAL YEAR GRANT AGREEMENT WHEREAS, the City of Wichita Falls has conducted Public Hearings on the proposed use of $1,787, 000 of 1993-94 Community Dvelopment Block Grant Entitlement funds and $18, 040 of Program Income, and; WHEREAS, the City Council has taken public comments given at two hearings into consideration in amending and revising the Final Statement of Community Development Objectives and Proposed Use of Funds. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS THAT: The City Manager is hereby authorized to submit an Application for Federal Funds (SF 424) and execute the necessary grant agreements, forms and contracts that are required by the Department of Housing and Urban Development to receive the 1993-94 Community Development Block Grant Entitlement funds and to allocate the program income funds as indicated in the program description. PASSED AND APPROVED this the / day of 1993 . M A Y O R ATTEST: CITY CLERK