Agenda - 01-20-1998 - 10a - Laserfiche WebLink

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§ I60A-456 CTTiES aN~ TowNS $160A-456 ~~ Part 8. Miscellaneous Powers. ~ 160A-456. Community development programs and activities. (a) Aay city is authorized to engage in, to accxpt federal sad State grants and loans for, and to appropriate and ezpend funds for community development programs and activities. Ia undertaking community development programs and activities, is addition to other authority granted by law, a sty map engage in the following activities: (1) Programs ~ aasistaaoe and financing of rehabilitation of private buildings principally for the benefit of low and • moderate income persons, or for the restoration or preser- vation of older neighborhoods or properties, including di- rect repai>~ the making of grants or loans, the subsidization of interest payments on loans, and the guaranty of loans; (2) Programs concerned with em loymeat, economic develop- ment, crime prweation, child care, health, drug abuse, . education, sad welfare needs of persona of low and moder- ate income. (b) Any city oonac~l mmaayy ezeiciae directly those powers granted by law to mnmicipsl redeveiopmeat commissions and those powers granted by law to manicipal housing authorities, and may do so v-hethar or not a t commission or housing authority is is essteacs is such city. Any city council desiring to do ao may delegate to nay redevalopmeat commission or to say housing au • thorny the responsil>fiity of uadertaldng or carrying out, nay speci- fied community development activities. Any city council and any board of county may by agreement undertake or carry out for each other nay specified community development activities u msy contract with any person, associa- tion; nay specified community devel- opmeat activities. Any otinaty or c-ty board of health, county board of social services, or oonaty or city board of education, may by agreement vndertalre or carry out for any city council any specified community dev~slopmeat activities. . (c) Any city ~ uade=talong community development pro- grams or activities may create one or more advisory committees to advise it sad to make recommendations concerning such Programs or activities. (d) Any city ooaacfi ppre~poBing to undertake asy loea guaranty or simi]ar program ion tt!habi7itatioa of prrvate buildings is authorized to submit to its voters the qquuestion whether such program shall be uadartaken, snch refarenduia to be conducted pursuant to the . general sad Zocal lives applicable to special elections is such city. (dl) citT ma receive sad dispense funds fiom the Comma- -• aity ~k~a t lock Grant Section 108 Lola Guarantee ppro- gram, Snbppaa~~tt ?rl CFR 570.700 et ,either throu~gh ap plica- • Lion to theNozthtina Department of ~ aimerce or directs fiom the federal t, is acxordance with State end federal lava g~ ~~ds Aay city that receives these funds directl fi~ the~fedrtal gvverameat may pledge current and future CDB~ 'Piinds •for use as Inns guarantees ~n accordance with State sad federal laws g these funds. A city may implement the receipt, dispeasiaand pledging of CDBG funds under this subaec- 35