Res 121-92 8/4/1992RESOLUTION NO. /(72/402)
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 1992-1993 FISCAL YEAR GRANT AGREEMENT
WHEREAS, the City of Wichita Falls has conducted Public
Hearings on the proposed use of $1,502, 000 of 1992-93 Community
Dvelopment Block Grant Entitlement funds and $2, 176.70 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 1992-93 Community
Development Block Grant Entitlement funds and to allocate the
program income funds as indicated in the program description.
PASSED AND APPROVED this the 4e-ki day of
1992.
c Le "
FP'
M A ' O R
ATTEST:
CITY CLERK
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Agenda Item No.