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RESOLUTION NO. %/ -17 <br />RESOLUTION APPROVING PARTICIPATION <br />BY LOCAL HOUSING OWNER IN THE <br />FEDERAL RENT SUPPLEMENT PROGRAM <br />WHEREAS, under the provisions of Section 101, of the Housing and <br />Urban Development Act of 1965, the Secretary of Housing and Urban <br />Development is authorized to enter into contracts to make rent supple- <br />ment payments to certain qualified housing owners on behalf of tenants <br />requiring rent supplement assistance under Title I, Housing and Urban <br />Development Act of 1965 (Public Law 89 - 117) as amended, and <br />WHEREAS, the provisions of said Section 101 cannot be made avail- <br />able to housing owners in certain localities unless the governing body <br />of the locality has by resolution given approval of such participation <br />in the Federal Rent Supplement Program. <br />NOW, THEREFORE, BE IT RESOLVED by the President and Board of <br />Trustees of the Village of Elk Grove Village, Illinois as follows: <br />Section 1. That approval is hereby granted for participation in <br />the Federal Rent Supplement Program to Village Grove Apartment, an <br />apartment complex to be constructed in Elk Grove Village, Illinois for <br />the use and occupancy of up to eighty (80) of the units in said complex. <br />Section 2. That this resolution shall be in full force and effect <br />from and after its passage and approval according to law. <br />PASSED this --,)', day of h1lf-C,6", 1974. <br />APPROVED this/� /-' day of 1974. <br />Attest: <br />Village Cl�rli/ <br />