Las Vegas City Commission Minutes, September 21, 1955 to November 20, 1957, lvc000010-320

Planning Director Franklin Bills presented a resolution requesting the reservation of capital grant funds and approving the undertaking of surveys and plans for an urban renewal project. Mr. Bills explained that this resolution also authorized the filing of an appli­cation for federal advance of funds. He briefly outlined that the cost of preparing surveys and plans for the urban renewal project on the Westside of Las Vegas was estimated at $54,177.00. He further stated that the application requests the Government to reserve capital grant funds for the proposed project in an amount not to exceed $694,000.00. Thereafter Commissioner Bunker moved that the following resolution be adopted and the Mayor and Clerk authorized to sign said application for an advance of funds from the U.S. Govern­ment for the surveys and plans for the City of Las Vegas urban renewal project: A RESOLUTION REQUESTING THE RESERVATION OF CAPITAL GRANT FUNDS, APPROVING THE UNDERTAKING OF SURVEYS AND PLANS FOR AN URBAN RENEWAL PROJECT, AND THE FILING OF AN APPLICATION FOR FEDERAL ADVANCE OF FUNDS. WHEREAS, under Title I of the Housing Act of 1949, as amended, and the Housing Act of 1954, the Housing and Home Finance Administrator is authorized to extend financial assistance to localities in the elimination and prevention of the spread of their slums and urban blight through the planning and undertaking of urban renewal projects; and WHEREAS, it is desirable and in the public interest that the City of Las Vegas prepare surveys and plans, presently estimated to cost approximately $54,177.00 in order to undertake and carry out an urban renewal project of the character contemplated by Section 110 (c) of said Title I, in that certain area, proposed as an Urban Renewal Area, situated in the City of Las Vegas, County of Clark and State of Nevada, and described as follows: Beginning at the intersection of the North line of Owens Avenue, and the West line of "J" Street; thence easterly along the North line of Owens Avenue to its intersection with the Union Pacific Railroad right-of-way; thence Southerly along the West line of said railroad right-of-way to the intersection of the South line of West Bonanza Road; thence Westerly along the South line of West Bonanza Road to the intersection of "H" Street; thence Northerly along the West line of "H" Street to the intersection of West Washington Avenue; thence Westerly along the South line of West Washington Avenue to the intersection of "J" Street; thence Northerly along the West line of "J" Street to the point of beginning. WHEREAS, the above-cited Federal law requires as a condition to the execution of a contract for a loan and capital grant for an urban renewal project that the locality present to the Housing and Home Finance Administrator a workable program, as set forth in section 101 (c) of said Title I, for utilizing appropriate public and private resources to eliminate and prevent the development or spread of, slums and urban blight, to encourage needed urban rehabilitation, to provide for the redevelopment of blighted, deteriorated, or slum areas or to undertake such other feasible community activities as may be suitably employed to achieve the objectives of such a program; and WHEREAS, it is recognized that contracts for loans and capital grants for urban renewal projects will require, among other things, (l) the approval of the urban renewal plan by the governing body of the locality in which the project is situated; (2) the pro­vision of local grants-in-aid which may consist of donations of cash, land, demolition or removal work, and the installation, construction or reconstruction of streets, utilities, parks, playgrounds or other improvements or the provision of other public buildings or facilities; and (3) the development of a feasible method for the relocation of families displaced from the urban renewal area. NOW, THEREFORE, BE IT RESOLVED by the Board of City Commissioners: Section 1. That the proposed Urban Renewal Area described above is a slum, blighted, deteriorated or deteriorating area appropriate for an urban renewal project and that the undertaking by the City of Las Vegas of surveys and plans for an urban renewal project of the character contemplated by Section 110 (c) of the Housing Act of l949, as amended and supplemented, in the proposed Urban Renewal Area described above, is hereby approved. Section 2. That the financial assistance provided under said Title I to assist urban renewal projects is needed and that the Housing and Home Finance Administrator is hereby re­guested to reserve for an urban renewal project in the proposed Urban Renewal Area described above Federal capital grant funds in an amount sufficient to enable the City of Las Vegas to finance the undertaking of the project. Section 3. That it is cognizant of the conditions that are imposed in the undertaking and carrying out of urban renewal projects with Federal financial assistance under Title I, including the requirements of said Title I respecting the workable program mentioned above, and that it is the sense of this body (a) that a feasible method for the relocation of families displaced from the urban renewal area, in conformity with said Title I, can be prepared, and (b) that local grants-in-aid, consisting of donations of cash, land, demolition or removal work, and the installation, construction or reconstruction of streets, utilities, parks, playgrounds or other improvements or the provision of other public buildings or facilities, necessary for carrying out in the Urban Renewal Area the urban renewal objectives, of said Title I in accordance with the urban renewal plan, can and will be provided in an amount which will not be less than one-third of the net project cost and which, together with the Federal capital grant, will be generally equal to the difference between gross project costs and the proceeds or value of project land sold, leased or retained for use in accordance with the urban renewal plan. Section 4. That the filing of an application by the City of Las Vegas for an advance of funds from the United States of America in an amount not to exceed $54,177.00 for surveys and plans for an urban renewal project in the urban renewal area described above is hereby approved, and that the Mayor is hereby authorized and directed to execute and file such application with the Housing and Home Finance Administrator, and to provide such additional information and to furnish such documents as may be required by said Administrator, and to act as the authorized representative of the City of Las Vegas. URBAN RENEWAL Resolution Authorizing Application for Federal Grant