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1991-23 Approving Application for Preliminary Loan for Low-Rent Public Housing.Introduced by: Mayor Selby Requested by: Kodiak Island Housing Authority Introduced: 05/16/91 Adopted: 05/16/91 KODIAK ISLAND BOROUGH RESOLUTION NO. 91-23 A RESOLUTION APPROVING APPLICATION FOR PRELIMINARY LOAN FOR LOW -RENT PUBLIC HOUSING WHEREAS, it is the policy of the Kodiak Island Borough to eliminate substandard and other inadequate housing, to prevent the spread of slums and blights, and to realize as soon as feasible the goal of a decent home in a suitable living environment for all of its citizens; and WHEREAS, under the provisions of the United States Housing Act of 1937, as amended, the United States of America, acting through the Secretary of Housing and Urban Development (herein called the "Government'), is authorized to provide financial assistance to local public housing agencies for undertaking and carrying out preliminary planning of low -rent housing projects that will assist in meeting this goal; and WHEREAS, the Act provides that there shall be local determination of need for low -rent housing to meet needs not being adequately met by private enterprise and that the Government shall not make any contract with a public housing agency for preliminary loans for surveys and planning in respect to any low -rent housing projects unless the governing body of the locality involved has by resolution approved the application of the public housing agency for such preliminary loan; and WHEREAS, the Kodiak Island Housing Authority (herein called the "Local Authority") is a public housing agency and is applying to the Government for a preliminary loan to cover the costs of surveys and planning in connection with the development of low -rent housing; NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH: Section 1. That there exists in the Kodiak Island Borough a need for such low -rent housing which is not being met by private enterprise; Kodiak Island Borough, Alaska Resolution No. 91-23 Page 1 of 2 Section 2. That the application of the Local Authority to the Government for a preliminary loan in an amount not to exceed $62,496 for surveys and planning in connection with low—rent housing projects of not to exceed approximately 20 dwelling units is hereby approved. PASSED AND APPROVED THIS 16th DAY OF MAY, 1991. KODIAK ISLAND BOROUGH Borouo Mayor CATTEST: Borough Clerk Kodiak Island Borough, Alaska Resolution No. 91-23 Page 2 of 2