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RESOLUTION NO. 3386
RESOLUTION APPROVING AN AMENDMENT TO THE
COOPERATION AGREEMENT BETWEEN THE CITY OF
PUEBLO AND THE HOUSING AUTHORITY OF THE
CITY OF PUEBLO AND AUTHORIZING THE PRESI-
DENT OF THE CITY COUNCIL TO EXECUTE SAME.
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that:
Section 1.
The Amendment to Cooperation Agreement dated July 22, 1974
between the City of Pueblo and the Housing Authority of The City
of Pueblo, a copy of which is attached hereto, having been ap-
proved by the City Attorney, is hereby approved.
Section 2 .
The President of the City Council is hereby authorized and
directed to execute said Agreement for and on behalf of the City
and the City Clerk shall affix the seal of the City thereto and
attest same.
INTRODUCED July 22, 1974
By HENRY REYES
Councilman
APPROVED:
/
President bt the Council
ATTEST:
4111°.igta , I ;tia' ?
' it Cle k
AMENDMENT TO COOPERATION AGREEMENT
THIS AGREEMENT entered into this 22nd day of July, 1974
by and between the City of Pueblo , a Municipal Corporation, here-
in called City and The Housing Authority of the City of Pueblo,
Colorado , herein called Authority,
WITNESSETH:
WHEREAS , the City and Authority did on April 10 , 1972 and
April 2 , 1951 enter into Cooperation Agreements relating to
Colorado Projects Numbers 2-1 to 2-6 , both inclusive, and
WHEREAS , said Cooperation Agreements require Authority to
make payments to City in lieu of taxes , and
WHEREAS , it is the desire of both City and Authority to
authorize Authority to retain all payments to be made in lieu of
taxes for the purposes herein set forth,
NOW THEREFORE in consideration of the foregoing and the mutual
covenants herein contained the City and Authority agree as follows:
(1) For the purposes set forth in paragraph (2) hereof,
Authority is authorized to retain payments in lieu of taxes re-
quired to be made to City under Cooperation Agreements entered
into between Authority and City from and after the following ef-
fective dates: Colorado Project Numbers 2-1 , 2-2 and 2-3 after
April 1 , 1969; and Colorado Projects Numbers 2-4 , 2-5 and 2-6
after April 1, 1972.
(2) All payments in lieu of taxes retained by Authority
shall not be spent or expended by Authority except for the devel-
opment, acquisition and administration of a recreational program
and housing inspection program.
(3) Annually on or before the first day of May, Authority
shall notify the City Manager of City in writing the amount of
payments in lieu of taxes retained by Authority and how and what
manner said payments were spent by Authority.
(4) City may upon 120 days ' prior written notice to Authority
specifying the date of termination, terminate this amendatory agree-
ment and Authority shall make all payments in lieu of taxes to
City maturing after the date of such termination.
(5) Except as modified by this agreement, all of the terms
and provisions of the Cooperation Agreements between City and
Authority shall remain in full force and effect.
Executed at Pueblo, Colorado the day and year first above
written.
PUEBLO, A MUNICIPAL CORPORATION
By /i' f f:t / 9, , I
mo-,
President of the Council
ATTEST:
-- Cityf Clerk
C
APPROVED AS TO FORM:
/j�'71c_titJ
City Atto n
HOUSING AUTHORITY OF THE CITY
OF PUEBLO, COLORADO
--;,r ''
r
By ( 9 ���.,. %1iA "
(C-Yairman
ATTEST:
/ ,/c--:c‹...c „_
71)‘'t
Secretary
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