1995-030E:\WPDOCS\ORD\ACQUIRE
ORDINANCE NO. ~
AN ORDINANCE PROVIDING FOR ADOPTION OF THE AFFORDABLE HOUSING
PROGRAM; AUTHORIZING THE CITY MANAGER TO UTILIZE 901 WINDSOR AND
907 WINDSOR TO PROVIDE A PORTION OF THE MATCH REQUIRED BY THE
FEDERAL GRANT PROGRAM; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of Denton, in the 1994
Combined Statement of Community Development Objectives and Pro-
jected Use of Funds and the HOME Program Description, recently
approved implementation of an Affordable Housing Program; and
WHEREAS, the Affordable Housing Program approved for implemen-
tation by City Council specified the acquisition of vacant,
abandoned and unoccupiable properties for the purpose of new
housing construction or rehabilitation; and
WHEREAS, Lot 10, Block E of the Meadowbrook Addition, City of
Denton, Denton County, Texas ("901 Windsor") and Lot 11, Block E of
the Meadowbrook Addition, City of Denton, Denton County ("907
Windsor") have been acquired by the City of Denton; and
WHEREAS, the Federal grant program that provides funding for
Community Development, requires that local jurisdictions provide a
match for the Federal grant funds; and
W/qEREAS, Texas law authorizes cities to adopt a community
development program that makes matching grants for low and moderate
income housing a public purpose; and
WHEREAS, the City Council finds that such a public purpose
would be beneficial to the City of Denton; and
WHEREAS, the City desires to use 901 Windsor and 907 Windsor as
a portion of the funding required to obtain the Federal matching
grants; NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION I. That the Affordable Housing Program under which the
City of Denton may acquire and convey real property that is
appropriate for new construction or rehabilitation in order to
promote conservation of neighborhoods and availability of
affordable housing and the use of such property as a match for
Federal grant programs is adopted.
SECTION II. The City Manager is authorized to utilize 901
Windsor and 907 Windsor to provide a portion of the match required
by the Federal grant program and to convey said properties as is
necessary without further City Council action.
SECTION III. That this ordinance shall become effective
immediately upon its passage and approval.
PASSED AND APPROVED this the ~7~--'day of
199__~.
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
MICHAEL A. BUCEK, ACTING CITY ATTORNEY
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