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1 CI Y OF A.TL.,iAl'JT.A CITY HALL ATLANTA, G A . 30303 Tel. 522-4463 Area Code 404 DEPARTMEN T OF PLANNING COLLIER 8. GLADIN, Dir e cto r September II, 1969 Mr. Cecil A. Alexander, Chairma n Housing Resources Commi ttee ~ Finch , Alexander, Barnes, Rot hscfii Id and Paschal I 44 Broad Stre et Atlan ta , Georgia De ar Cecil: We are delighte d to have the support of f·he Housing Re sources Committee in atte mpting to i nclude "highly critical areas, such as Plunke ttown and Ligh tning, in th e 1970 NDP application for exe cution purposes". As you will recall, we atte mpted to in c lude these two are as in the 1969 NDP application. Howeve r, they fa il ed to be i nc luded due to lack of local finan cing. We are ma king the same attempt aga in f·his year to include J·he se two are a s in the 1970 NDP ap p li cation . As yet, we st ill do n ot know whethe r loca l fin a ncing wi ll enab le us to include them. Re lative to th e las t Whe reas cl a use and ite m d (last pa ragra ph of the Resolution), this is not a ma tte r J-o be taken up with HUD. Unde r NDP t his p roce du re of "poo ling " ~i sca !! aneous ly" det ived loca l non-cash cre dits is, in fact~ pe rmissi b le and e ncou rage d by HUD. None the less , the Di re ctor of Fina n ce took th e posit ion last year, and it is p resume d he wi ll do so again thi s year, that each a rea included in the ND P a pp li c a tion shoul d be se lf-supporti ng and be supporte d by a five- ye ar fina n c ing p la n. Let ' s assume, for examp le , th a t there we re a surpl us of loca l non-cash g ra nts- in-aid in Bedford Pine unde r NO P in 1969 and 1970 and fu rt he r, it wa s de cide d to use this sur plus to fi nan ce and in c lude new a reas (such a s Plunkettown and Lig ht nin g ) in t he 1970 NDP a ppli cat ion. Furt her, le t's assume tha t Bedford-Pine in 1971, 1972 a nd 1973 had need of us ing these su rp lus cred its i t had ge nerated in prior years. The point bei ng that b y using a ll surp lus credits the re wou ld be no reserve for fut u re years and t he c il·y woul d face a cash deficit in 1973, 1974 and 1975 in fin ancing Bedford - Pinei a lso, possib ly a cash d e fic it in fi na nci ng the new areas ad de d in 1969 and 1970. �• Mr. Ceci I A. Alexander -2- September 11, 1969 While we share the concern that highly critical _areas need to be included in , annual NDP applications, financial stabilil-y and financial restraints do play a maj·o r role. The answer to this dilemma is one on wh ich the Pla nning Department and the Finance Department concur and have recommended to a recent joint meeting of the Planning and Development Committee and the Finance Comm ittee on this very matter. This city must make an annual, .fixed appropriation of cash for NDP and Urban Renewal purposes, which sum can be coun ted on and u sed to finance future NDP applications and to get on with this matter of work ing in highly critical areas in;tead of just talking about them. Sincerely, ~\ ~ Col Iier B. Gladin Planning Director CBG/ jp Copy to - Mayor Ivan Al !en Dan Sweat .. �