Minutes 09/17/1974 - Laserfiche WebLink

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TUESDAY SEPTEMBER 17, 1974 ,- Council unanimously scheduled the following special meetings, for the following purposes: (1) with the City School Board, at noon, on Monday, October 7, 1974, to consider implications of the recently-completed local school census; and (2) with the City Planning Commission, the CBD Study Commission, and other interested groups, on Tuesday, October 1, 1974, in City Hall, beginning at 7:30 P.M., to receive a briefing on the Federal Housing & Community Development Act of 1974. Upon motion, duly seconded and unanimously carried, Council adopted the following resolution, as introduced by Councilman Greene, directing an appeal to the Farmer's Home Administration, pursuant to the Federal Housing & Community Development Act of 1974, to take the most expedient action possible to provide funds for financing housing for qualified citizens of Martinsville and its environs: WHEREAS, the recent passage by Congress of the Housing and Community Development Act of 1974 provides that the Farmers' Home Administration can finance low income housing within the corporate limits of towns and/or cities with populations not exceeding 20,000; and WHEREAS, the 1970 U. S. Census was 19,653 for the City of Martinsville and, furthermore, the July 1, 1973 estimate by the Tayloe Murphy Institute of the University of Virginia showed a decline in Martinsville's population to 18,700; and WHEREAS, the Martinsville area provides industrial jobs for area citizens, many of whom must travel from outside the city, viz., Henry County and other outlying counties, to and from work; and WHEREAS, Martinsville's steady and projected decline in population and its increasing need for employees are ever widening, thus creating a hardship on the total industrial community; and WHEREAS, a recent report to the City by its planning consultants (Wiley & Wilson) stated that the increasing costs of urban land, labor, materials and money have forced the prices of new housing to levels beyond the means of one-half the residents of the area; and WHEREAS, there is virtually no mortgage money available at convenient rates to low-income and low-moderate-income citizens; now, therefore, BE IT RESOLVED by the Council of the City of Martinsville that it does hereby appeal to the Farmers' Home Administration to take the most expedient action possible to provide funds for financing housing for qualified citizens of Martinsville and its environs. 30