Approving the inititation of a housing project by the Housing Authority of the City of South Bend

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RESOLUTION NO. 440 -74 RESOLUTION APPROVING THE INITIATION OF A HOUSING PROJECT BY THE HOUSING AUTHORITY OF THE CITY OF SOUTH BEND, INDIANA. WHEREAS, the Common Council wishes to reaffirm and act upon its commitment to support the conduct of an experimental housing program, as described in Common Council Resolution No. 408 -74, dated February 2, 1974, with the understanding that such program will initially be conducted only within the City of South Bend, and WHEREAS, such program will be funded by means of an Annual Contributions Contract to be executed between The Housing Authority of the City of South Bend, Indiana, and the United States of America, and WHEREAS, The Housing Authority of the City of South Bend, Indiana, has indicated a desire to enter into an Annual Contributions Contract for the Housing Assistance Supply Experimental Project under Section 23 of the United States Housing Act of 1937, Contract Number C -2007 ( "Project "), and WHEREAS, the Project is consistent with the provisions of the Housing Authorities Act, as amended, IC 18- 7 -11 -1, et seq. ( "Act "), and WHEREAS, the Project is in furtherance of the public policy declared in the Act and in the resolution previously enacted declaring that there is a need for a housing authority to function; NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA: That The Housing Authority of the City of South Bend, Indiana, is hereby authorized to enter into the Project and the Project is hereby approved. This resolution shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. Adopted, as amended, August 12,