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421 3. How many of the displaced businesses are relocated in the City. 4. What is the combined gross income and taxes paid to the City from these relocated businesses. I feel a survey of this nature can act as a guide to the City in under- taking future urban renewal projects in business areas. Also a report to the people on a "before and after basis" whether it be favorable or not, would be good public relations and something which is much needed in any undertaking where the public is directly affected. Your careful consideration of the above suggestion will be appreciated. Very truly yours, W. R. Bingler, Jr. (signed) W. R. Bingler, Jr. On motion by Mr. Davis, seconded by Mr. Weinberg, the Clerk was instructed to compile the information requested and furnish it to Mr. Bingler. On motion by Mr. Weinberg, seconded by Mr. Davis, the following resolution was unanimously adopted: WHEREAS, the Charlottesville Redevelopment and Housing Authority proposes to undertake an Urban Renewal Project in the Vinegar Hill area in the City of Charlottesville, Virginia, to be known as project number Va. R-12, with federal assistance pursuant to the United States Housing Act of 1949, as amended; and WHEREAS, it is necessary for such purpose that there be an agreement for local cooperation (hereinafter called the Cooperation Agreement) between the Charlottesville Redevelopment and Housing Authority and the City of Charlottesville. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Charlottesville, Virginia, that a Cooperation Agreement, as hereinafter set forth, be entered into between the City of Charlottesville and the Charlottesville Redevelopment and Housing Authority and that the Mayor shall execute and the Clerk of the Council attest such agreement on behalf of the City of Charlottesville in as many counter- parts as may be necessary. The Cooperation Agreement, which is hereby approved as a to form and substance, shall be substantially as follows: COOPERATION AGREEMENT THIS COOPERATION AGREEMENT entered into as of the 27th day of June, 1960, by and between the 'City of Charlottesville, hereinafter designated and referred to as the "Local Governing Body", and the Charlottesville Redevelopment and Housing Authority, hereinafter designated and referred to as the "Authority". W I T N E S SET H WHEREAS, the Authority, with the cooperation of the Local Governing Body, will undertake, develop and carry out an urban renewal project known as the Vinegar Hill Project Va. R-12, the area whereof is described in Exhibit A attached hereto, and hereinafter designated as the "Project" WHEREAS, Federal Financial Assistance will be provided under and by virtue of the provisions of Title I of the Housing Act of 1949, as amended; and WHEREAS, the Local Governing Body will also provide financial aid and cooperate with the Authority by making local grants-in-aid required under said Title I of the Housing Act of 1949, as amended; and WHEREAS, the Authority has made application to the Housing and Home Finance