2004-070-RES ADOPTING A PROGRAM OF POOLING LOTS FOR CONSTRUCTION OF NEW SINGLE FAMILY HOUSING ENTITLED THE HOMESTEAD PROGRAM

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WHEREAS, the City of Paris has, pursuant to Chapter 791 of the Texas Government Code, the Interlocal Cooperation Act, previously entered into an agreement styled Interlocal Agreement, Tax Trust Agreement, Limited Power of Attorney by and Among the City of Paris, Lamar County, Paris Independent School District, North Lamar Independent School District and Paris Junior College, whereby the other taxing entities have agreed to designate the City of Paris as Trustee for certain identified lots foreclosed for delinquent tax purposes for use in said program; and, WHEREAS, Section 277.oo1(g) of the Local Government Code authorizes political subdivisions of the State of Texas to acquire or assemble interests in real property and sell, exchange, or otherwise convey said real property interests to individuals, corporations, partnerships, or other legal entities for the development of low or moderate income housing, on such terms and conditions and for such value as shall serve the public interest; and, WHEREAS, Section 253.010 of the Local Government Code authorizes municipalities to provide for the manner in which any real property acquired by a municipality may be sold or transferred to certain non-profit entities engaged in developing housing for low income individuals and families to promote community-based revitalization; and, WHEREAS, Section 253.011 of the Local Government Code authorizes municipalities to transfer real property, without the requirements of notice and bidding, to non-profit organizations in furtherance of a public purpose within the municipality; and, WHEREAS, the City Council of the City of Paris, Texas, does hereby find and determine that the implementation of the aforesaid Homestead Program would be in the best interest of the citizens of the City of Paris, and in furtherance of the health, safety, and welfare of said citizens; and, WHEREAS, the City Council of the City of Paris fmds and detennines that the activities authorized in the aforesaid program and in this resolution promote and serve a public purpose; and, WHEREAS, the City Council of the City of Paris has previously approved prior Resolution No. 2004- _ to create a program of non-profit home building by non-profit entities Paris Living, a Community Development Corporation, and Paris Habitat for Humanity, utilizing the aforesaid lots; and, WHEREAS, the City Council of the City of Paris, Paris, Texas desires to create a new program to utilize those lots remaining unutilized by the aforesaid non-profit entities; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: -2-