HomeMy WebLinkAboutResolutions - 1976.03.04 - 14246February 19, 1976
RESOLUTION N(,) 7462
RE: CflifUl'JTY DEV-ELOPMFNT
LOAXS AND GRANTS
PUBLIC SERVICES COMMITTEF'.
TO: TUB OAKLAND COUNTY BOARP OF COMMISSIONERS
MR. CHATRMAN, LADIES AND GENTLEMEN:
WHEREAS, the County of Oakland has declared its intent to
continue to be designated as an urban county and to accept the
Entitlement Funds pursuant to the Housing and Cormunity Development
Act of I.274 and
WHEREAS, the Grant is expected to exceed $2,900,000 in the 1972
year and
WHEREAS, the primary objective of the At is that the applicant
address themselves to the development of viable urban communities
including decent housing and a suitable living environment and
expanding economic opportunities, or for persons of low and
moderate income: and.
WIFFREAS, there is a need for the conservation and expansion of
the counties housing stock in order to provide a decent home and a
suitable living environment for all persons but principally those of
low and moderate income; and
WHTREAS, Federal Funds are available for these purposes through
the Colmunity Developmen/ Grant; and
, the County of Oakland wishes to address itself to these
needs with a program to assist families in upgrading the housing
stock; aT.d
WHEREAS, the Community Development Advisory Council recommends
that $500,000 of the 1976-77 Community Development Program be used
for loans and grants program for Oakland County, Of this, a minimum
of 80% will be used for loans,
NOW THEREFORE BE TT RESOLVED that the Oakland County Board of
Commissioners establish a loans and grants program, and conduct
Public Hearings, and the sum of $900,000 be designated for the purpose
of funding this program,
PUBLIC SERVICES COMMITTEE
BY
#7462 March 4, 1976
Moved by Price supported by Wilcox that resolution #7462 be adopted,
AYES: Page, Patterson, Perinoff, Pernick, Price, Roth, Simmons, Wilcox,
Wilson, Aaron, Button, Dearborn, Dunleavy, Fortino, Gabler, Hoot, Houghten, Kasper,
Lennon, McDonald, Moffitt, Montante, Nowak,(23)
NAYS: None. (0)
A sufficient majority having voted therefor, resolution #7462 was adopted.
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lynn D. Allen, Clerk of the County of Oakland and
having a seal, do hereby certify that I have compared the annexed copy of
PY. j. Ppl<1 9.9cl t ,cn tr TT
.thq r. .meA-0.110.
with the original record thereof now remaining in my
office, and that it is a true and correct transcript
therefrom, and of the whole thereof.
In Testimony Whereof, i have hereunto set my hand and
affixed the seal of said County at Pontiac, Michigan
this ti day of March 19, !6.
Lynn D. Alien — — — ...Clerk
)eptIty Clerk