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49 RESOLUTION NO. 158 RESOLUTION APPROVING APPLICATION OF HOUSING AUTHORITY OF THE CITY OF LAS VEGAS, NEVADA, TO PUBLIC HOUSING ADMINISTRATION FOR A PRELIMINARY LOAN IN AN AMOUNT NOT TO EXCEED $52,000.00 TO COVER THE COSTS OF SURVEYS AMD PLANNING, IN CONNECTION WITH THE DEVELOPMENT OF NOT TO EXCEED 140 DWELLING UNITS OF LOW-RENT PUBLIC HOUSING; APPROVING THE FORM OF COOPERATION AGREEMENT BETWEEN THE CITY OF LAS VEGAS, NEVADA, AMD THE HOUSING AUTHORITY OF THE CITY OF LAS VEGAS, NEVADA, AND AUTHORIZING THE EXECUTION THEREOF. WHEREAS, the Housing Authority of the City of Las Vegas, Nevada, is applying to the Public Housing Administration in accordAnce with the provisions of the United States Housing Act of 1937, as amended, for a preliminary loan in the amount of $52,000.00 to cover the cost of surveys and planning in connection with the development of not to exceed approximately 140 dwelling units of low-rent public housing; and WHEREAS, there exists in the City of Las Vegas, Nevada, a need for such low-rent public housing at rents within the means of low-income families, especially families of living or deceased veterans and servicemen, which need is not being met by private enterprise; and WHEREAS, such a condition constitutes a menace to the health, safety, morals, and welfare of the inhabitants of the City of Las Vegas, Nevada; and WHEREAS, pursuant to Section l5(7)(a) of the United States Housing Act of 1937, AS amended by the Housing Act of 1949, the Governing Body of the locality desires to approve the aforesaid application of the Housing Authority of the City of Las Vegas, Nevada; and WHEREAS, pursuant to Section l5(7)(b) of the United States Housing Act of 1937, as amended by the Housing Act of 1949, it is necessary that the City of Las Vegas enter into an agreement with the Housing Authority of the City of Las Vegas providing for local cooperation as a condition prededent to the making of any loan for development of for annual contributions: NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF IAS VEGAS, NEVADA: 1. That the Council of the City of Las Vegas, Nevada, does hereby approve the application of the Housing Authority of the City of Las Vegas, Nevada, to the Public Housing Administration for a preliminary loan in an amount not to exceed $52,000.00 to cover the costs of surveys and planning in connection with the development of not to exceed approximately 140 dwelling units of low-rent public housing in the City of Las Vegas. 2. That the City of Las Vegas shall enter in to a Cooperation Agreement with the Housing Authority of the city of Las Vegas, Nevada, substantially in the following form, which said Agreement is hereby approved: COOPERATION AGREEMENT This Agreement entered into this______day of_________________,19____, by and between the Housing Authority of the City of Las Vegas, Nevada (herein called the "Local Authority") and the City of Las, Vegas, located in the State of Nevada (herein called the "City"), witnesseth: WHEREAS, the Local Authority is applying to the Public Housing Administration (herein called the "PHA") for a Program Reservation for 140 units of low-rent housing to be developed and located within the corporate limits of the City and may hereafter apply for additional Program Reservations; and WHEREAS, the Local Authority proposes to enter into one or more contracts with the PHA for loans and annual contributions in connection with the development and administration of such low-rent housing, all pursuant to the united States Housing Act of 1937, as amended (herein called the "Act"); and WHEREAS, the City is desirous of assisting and cooperating with the Local Authority in such undertakings and of complying with the provisions of Sections 10(a), 10(h), and 15(7)(b) of the Act, as well as all other applicable provisions thereof: NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth, the Local Authority and the City do agree: 1. Whenever used in this Agreement: (a) The term "Project" shall mean any low-rent housing hereafter developed as one operation by the Local Authority with financial assistance of the PHA and in- cluded within any Program Reservations issued to the Local Authority by the PHA which in the aggregate may not exceed 140 units of low-rent housing. A Project will generally be located on a single site but may be on scattered sites. (b) The term "Taxing body" shall mean the State or amy political subdivision or taxing unit thereof (including the City) in which a Project is situated and which would have authority to assess or levy real or personal property taxes or to certify such taxes to a taxing body or public officer to be levied for its use and benefit with respect to a Project if it were not exempt from taxation. (c) The term "Shelter Rent" shall mean the total of all charges to all tenants of a Project for dwelling rente and non-dwelling rents (excluding all other income of such Project:, less the cost to the Local Authority of all dwelling and nondwelling utilities. (d) The term "Slum" means any area where dwellings predominate which, by reason of dilapidation, overcrowding, faulty arrangement or design, lack of ventilation, light or sanitation facilities, or any combination of these factors, are detrimental to safety, health or morals. 2. The Local Authority shall endeavor to secure a contract or contracts with the PHA for loans and annual contributions, and undertake to develop and administer one or more Projects. 3. Under the constitution and statutes of the State of Nevada, all Projects are ex- empt from all real and personal property taxes levied or imposed by any Taxing Body: and, with respect to any Project, so long as either (a) such Project is used for low-rent housing purposes, or (b) ary contract