Page:United States Statutes at Large Volume 63 Part 1.djvu/480

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be prescribed by the Administrator pursuant to title I of the Housing Ante, p. 414 . Act of 1949, may enter into such contracts and agreements as may be necessary, convenient, or desirable for such purposes. Advancesoftnds. "(b) Subject to the approval of the District Commissioners, the Agency is authorized to accept from the Administrator advances of funds for surveys and plans in preparation of a project or projects authorized by this Act which may be assisted under title I of the te, p. 4. Housing Act of 1949, and the Agency is authorized to transfer to the Planning Commission so much of the funds so advanced as the District Commissioners shall determine to be necessary for the Planning Com- mission to carry out its functions under this Act with respect to the project or projects to be assisted under title I of the Housing Act of 1949. Administrative ex- "(C) The District Commissioners are authorized to include in their penses. annual estimates of appropriations items for administrative expenses which, in addition to loan or other funds available therefor, are neces- sary for the Agency in carrying out its functions under this section. Localgrants-in-aid. (d) Notwithstanding the limitation contained in the last sentence Ante, pp. 420,14. of section 110 (d) or in any other provision of title I of the Housing Act of 1949, the Administrator is authorized to allow and credit to the Agency such local grants-in-aid as are approvable pursuant to said section 110 (d) with respect to any project or projects undertaken by the Agency under a contract or contracts entered into under this section Cash payments of and assisted under title I of the Housing Act of 1949. In the event deficiencies, such local grants-in-aid as are so allowed by the Administrator are not sufficient to meet the requirements for local grants-in-aid pursuant to title I of the Housing Act of 1949, the District Commissioners are hereby authorized to enter into agreements with the Agency, upon which agreements the Administrator may rely, to make cash payments of such deficiencies from funds of the District of Columbia. The District Commissioners shall include items for such cash payments in Appropriations au- their annual estimates of appropriations, and there are hereby author- ized to be appropriated, out of any money in the Treasury not otherwise appropriated, the amounts necessary to provide for such cash payments. Any amounts due the Administrator pursuant to any such agreements shall be paid promptly from funds appropriated for such purpose. Disposition of re- "(e) All receipts of the Agency in connection with any project or ceipt s . projects financed in accordance with this section with assistance under Ante p.414 . title I of the Housing Act of 1949, whether in the form of advances of funds, loans, or capital grants made by the Administrator to the Agency, or in the form of proceeds, rentals, or revenues derived by the Agency from any such project or projects, shall be deposited in the Treasury of the United States to the credit of a special fund or funds, and all moneys in such special fund or funds are hereby made avail- able for carrying out the purposes of this Act with respect to such project or projects, including the payment of any advances of funds or loans, together with interest thereon, made by the Administrator or by private sources to the Agency. Expenditures from such fund shall be audited, disbursed, and accounted for as are other funds of the District of Columbia. "(f) With respect to any project or projects undertaken by the Agency which are financed in accordance with this section with assist- Ante, p. 414. ance under title I of the Housing Act of 1949- "(1) sections 3 (f), 3 (k), and 7 (g), and the last sentence of 60 tat. 791,796, 794. section 6 (b) (2) of this Act shall not be applicable to those pieces D. C . Code, Supp. VII, I§5-702 (f, (k), of real property which, in accordance with the approved project 6-706(g), 5-70 (b) (2). area redevelopment plan, are to be devoted to public housing to be 48 Stat. 930. undertaken under Public Law 307, Seventy-third Congress, DC. Code H§5-103 to 5-116; Supp. VI, approved June 12, 1934, as amended; § 5-103 dt mq. 442 PUBLIC LAWS--H. 338-JULY 15,1949 [63 STAT.