HomeMy Public PortalAbout1984_03_21_R049The Town of Leesburg in Virginia
PRESENTED March 21~ 1984
RESOLUTION NO. 84-49 ADOPTED March 21~ 1984
A RESOLUTION: AUTHORIZING NOTICE OF PUBLIC HEARING REGARDING THE FINANCING OF
THE CONSTRUCTION OF MARSHALL VILLAS LIMITED BY THE ALEXANDRIA
REDEVELOPMENT AND HOUSING AUTHORITY
WHEREAS, there is no Redevelopment and Housing Authority in the Town of
Leesburg in Virginia created pursuant to the Virginia Housing Authority Act; and
WHEREAS, the Act permits the Alexandria Redevelopment and Housing Authority
to assist owners in financing the project as hereinafter defined (such financing
to include without limitation, any and ali sums required for construction, recon-
struction, repair, rehabilitation and/or acquisition), provided that the town
council first adopt, after a public hearing, a resolution finding (a) there is
a need for the Authority to exercise its powers in the town, (b) there is a
shortage of safe or sanitary dwelling accommodations in the town available to
persons with low or moderate income at rentals they can afford, (c) these condi-'
tions can best be remedied through the exercise of the Authority's power in the
town and (d) whether the town council should approve this financing pursuant to
Section 103(k) of the Internal Revenue Code:
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as
follows:
A Notice of Public Hearing to consider whether a need exists for the Au-
thority to exercise its powers under the Virginia Housing Authority's law in
the Town of Leesburg in connection with the financing and construction of a
300 unit multi-family project to be known as Marshall Villas Limited (the
project) for persons of low or moderate income, shall be published in the Loudoun
Times-Mirror on April 5 ., 1984 and April 12 ,
-2-
NOTICE OF PUBLIC HEARING FOR MARSHALL VILLAS LIMITED PROJECT
1984 for public hearing on April 25 , 1984 at 7:30 p.m. in the
Council Chambers, 10 West Loudoun Street, Leesburg, Virginia.
PASSED this 21st day of March
ATTEST:
Clerk of C~ncil
, 1984.
Robert E. Sevi~la, Mayor
Town of Leesburg, Virginia