1053RESOLUTION N0. ~~~ ~~
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST
MEMPHIS, ARKANSAS APPROVING THE FY86 PROPOSED STATEMENT
OF COMMUNITY DEVELOPMENT OBJECTIVES AND PROJECTED USE
OF FUNDS AND FOR OTHER PURPOSES
WHEREAS, the City of West Memphis has been designated by the U.S. Department
of Housing and Urban Development (HUD) as an Entitlement City under the Community
Development Block Grant (CDBG) Program; and
WHEREAS, West Memphis is entitled to received the annual grant so long as
its performance is in accordance with statutory and regulatory requirements of
the CDBG Program and HUD; and
WHEREAS, the Proposed Statement of Community Development Objectives and
Projected Use of Funds (Statement) must be approved by the City Council; and
WHEREAS, the Statement has been prepared in accordance with the applicable
rules and regulations by the Community Development Agency of West Memphis.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST
MEMPHIS, ARKANSAS:
1. That the Proposed Statement of Community Development Objectives and
Projected Use of Funds is hereby approved.
2. That the Community Development Agency of West Memphis be authorized
to proceed with a second public hearing and preparation of the Final
Statement.
3. That the City Council reserves the right to amend the Final Statement
prior to submission to HUD.
4. That this Resolution shall be in full force and effect from and after
its passage.
DATE PA
ATTEST:
SSED: / ~~ ~~ / ~~
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~ Chitman, Ma ,, r
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