RES NO 06-06-1997 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. f, 1997
A RESOLUTION ALLOWING THE VAN BUREN HOUSING AUTHORITY TO
RETAIN PAYMENTS IN LIEU OF TAXES.
WHEREAS, The Van Buren Housing Authority has agreed to
make payments to the City of Van Buren in .lieu of
taxes; and
WHEREAS, There are improvements needed at the housing
Authority to repair the sidewalks and such
improvements would be for the benefit of citizens
of Van Buren and Crawford County; and
WHEREAS, The funds collected by the Housing Authority as
payments in lieu of taxes could be utilized to make
the needed improvements.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF VAN BUREN, ARKANSAS:
SECTION 1: That the payments in lieu of taxes now due the
City of Van Buren from the Van Buren Housing
Authority for the years 1996 and 1997, are hereby
waived for the purpose of enabling the Housing
Authority to apply those funds toward sidewalk
repairs.
PASSED AND APPROVED THIS 16TH DAY OF JUNE 1997.
9
MAYOR
ATTESTED:
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