RES NO 12-03-1995 CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO. 3 -1995
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 pay-
ments to the City of Van Buren in lieu of taxes; and
WHEREAS, There are improvements needed at the Housing Authority
to improve handicapped access 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, ARKANSS:
SECTION 1: THAT the City of Van Buren waives its right to collect
payments in lieu of taxes from the Van Buren Housing
Authority in the amount of $2,022.02 held by the Housing
Authority for the year 1995.
PASSED AND APPROVED THIS 18TH DAY OF DECEMBER ,19 95
C YMAYO R
ATTESTED:
i rt
CI CLERK- TREASURER