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HomeMy WebLinkAbout1974ORDINANCE NO. L_q� AN ORDINANCE of the City of Kent, Washington, creating the Housing and Community Development Fund. WHEREAS, the Housing and Community Development Act of 1974 is intended to consolidate and simplify earlier laws relating to housing assistance and federally assisted community development activities; and WHEREAS, the Housing and Community Development Act of 1974 is intended to aid in the development of viable urban communities through flexible funding which will provide broad discretion at the local level to develop programs to solve ini- tial local economic, social and physical development programs, based on local recognition of needs and priorities; and WHEREAS, the City of Kent and the other incorporated jurisdictions of King County (excluding Seattle and Bellevue) are joining with King County in preparing one application for funding under the "Urban County" designation; NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON DO HEREBY ORDAIN AS FOLLOWS: Section 1. FUND CREATED. The Housing and Community Development Fund is created for the purpose of holding the monies allocated to the City under the Housing and Community De- velopment Act of 1974. Section 2. DISBURSEMENTS. Disbursements from the Housing and Community Development Fund shall be made pursuant to the guidelines established by the City Council for each program to be funded. These guidelines shall conform to the require- ments of the Department of Housing and Urban Development and shall be sufficiently specific to accomplish the program goals. Section 3. This Ordinance shall take effect and be in force five (5) days from and after its passage, approval and publication as provided by law. ISABEL HOGAN,.!;dAYOR ATTEST: +-MARE JENS �CI I,Y LERK Iz VED AS TO FORM: w 0- '% '� S "U DONALD E. MIRK, CITY ATTORNEY PASSED 6— day of July, 1976. APPROVED 7 day of July, 1976. PUBLISHED T day of July, 1976. I hereby certify that this is a true copy of Ordinan No. passed by the City Council of the City of Kent, Was ington, and approved by the Mayor of the City of Kent as hereon indicated. _ (SEAL) M�1�IE J N,�CIT�YCLEffRK - 2 -