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HomeMy WebLinkAboutR82-489 RESOLUTION NO. R82-489 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLAINVIEW, TEXAS FINDING AND DECLARING THAT THERE EXISTS A NEED FOR THE HOUSING AUTHORITY OF THE CITY OF PLAINVIEW, TEXAS, TO FUNCTION. WHEREAS, the City'Council of the City of Plainview, Texas hereby determines, finds and declares pursuant to the "Housing Authorities Law" of the State of Texas, that: A. Insanitary and unsafe inhabitated dwelling accommodations exist in the City of Plainview, Texas; and B. There is a shortage of safe and sanitary dwelling accommodations in said City available to the elderly at rentals they can afford; and C. There is a need for the Housing Authority of the City of Plainview, Texas, to function WHEREAS, in accordance with the foregoing finding, the Housing Authority of the City of Plainview, Texas, is authorized to-transact business and exercise its powers pursuant to the "Housing Authorities Law" of the State of Texas; and WHEREAS, the Plainview Housing Authority in 1978 created a vehicle known as the Plainview Elderly Housing Corporation through which tax exempt revenue bonds can be issued when necessary to underwrite the construction of sanitary dwelling accommodations for the elderly in the City of Plainview, Texas such as the planned Hilton Hotel project; and W~EREAS, that the shortage of safe and sanitary dwelling accommodations for the elderly compels them to occupy unsafe, insanitary dwelling accommodations, thereby creating an emergency and making it necessary for the preservation of, health and safety that this resolution becomes effective without delay; and NOW, THEREFORE BE IT RESOLVED BY the Mayor and City Council o~ the City of Plainview Chat it lend its support to the issuance of tax exempt Revenue-'Bonds for'the Hilton Hotel Project for-the development of safe-and sanitary dwelling accommodations at a~fordable rates for the elderly, and so authorizes and directs the Housing Authority of the City of Plainview, Texas, and Agency of the City of Ptainview, Texas and.the premises accordingly. PASSED AND APPROVED this the 23rd day of February, 1982. ATTEST: ¥~/ALTER S. DODSON, City Clerk