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HomeMy WebLinkAbout2012-R-08 Resolution 2012 -R S RESOLUTION AUTHORIZING LOCAL MATCH COMMITMENT RESOLUTION OF THE REDEVELOPMENT BOARD OF THE CITY OF JEFFERSONVILLE, INDIANA, AUTHORIZING THE LOCAL MATCH FOR THE MSRP APPLICATION TO THE INDIANA OFFICE OF COMMUNITY AND RURAL AFFAIRS AND ADDRESSING RELATED MATTERS WHEREAS, the Redevelopment Board - City of Jeffersonville, Indiana recognizes the need t stimulate growth and to maintain a sound economy within its corporate limits; and WHEREAS, the Housing and Community Development Act of 1974, as amended, authorizes th Indiana Office of Community and Rural Affairs to provide grants to local units of govenune for the elimination and prevention of blight; and WHEREAS, the City of Jeffersonville, Indiana has a designated Main Street Program and thi project is part of Jeffersonville Main Street Inc.'s overall strategy; and WHEREAS, the City of Jeffersonville, Indiana has conducted or will conduct public hearing prior to the submission of an application to the Indiana Office of Community and Rural Affai said public hearings to assess the housing, public facilities and economic needs of its low- an moderate- income residents; NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Board - City of Jcffersonvill = Indiana that: 1. Supports the City of Jeffersonville s submittal of an application for grant funding to th Indiana Office of Community and Rural Affairs to address the Big Four Bridge Landin Streetscape Project. 2. The Redevelopment Board - City of' Jeffersonville, Indiana hereby commits the requisite loc . funds in the amount of One hundred twenty-eight thousand, six hundred nineteen dollars and fV • cents ($128,619.50), in the form of Falls LandingTax Inerement Financing District, as matchin: funds for said program, such commitment to be contingent upon receipt of MSRP funding fro the Indiana Office of Community and Rural Affairs. Adopted by Redevelopment Board - City of Jeffersonville, Indiana this 11 th day of April, 201 at 6:00 p.m. SIGNATURE: st , Cit & Mike ti Redeye . pment s : rd - Presid t ATTEST: " Mo •a Hannon Redevelopment Board - Chief Financial Officer Resolution 2012 -R B RESOLUTION AUTHORIZING LOCAL MATCH COMMITMENT RESOLUTION OF THE REDEVELOPMENT BOARD OF THE CITY OF JEFFERSONVILLE, INDIANA, AUTHORIZING THE LOCAL MATCH FOR THE MSRP APPLICATION TO THE INDIANA OFFICE OF COMMUNITY AND RURAL AFFAIRS AND ADDRESSING RELATED MATTERS WI IEREAS, the Redevelopment Board - City of Jeffersonville, Indiana recognizes the need t stimulate growth and to maintain a sound economy within its corporate limits; and WHEREAS, the Housing and Community Development Act of 1974, as amended, authorizes th Indiana Office of Community and Rural Affairs to provide grants to local units of governmen for the elimination and prevention of blight; and WHEREAS, the City of Jeffersonville, Indiana has a designated Main Street Program and thi project is part of Jeffersonville Main Street Inc.'s overall strategy; and WHEREAS, the City of Jeffersonville, Indiana has conducted or will conduct public hearin prior to the submission of an application to the Indiana Office of Community and Rural Affai said public hearings to asscss the housing, public facilities and economic needs of its low- an • moderate - income residents; NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Board - City of Jeffersonvill Indiana that: 1. Supports thc City of Jeffersonville's submittal of an application for grant funding to th Indiana Office of Community and Rural Affairs to address the Big Four Bridge Landin Streetscape Project. 2. The Redevelopment Board - City of Jeffersonville, Indiana hereby commits the requisite 1. funds in the amount of One hundred twenty-eight thousand, six hundred nineteen dollars and fi - cents ($128,619.50), in the form of Falls LandingTax Increment Financing District, as matchin .. funds for said program, such commitment to be contingent upon receipt of' MSRP funding frot thc Indiana Office of Community and Rural Affairs. Adopted by Redevelopment Board - City of Jeffersonville, Indiana this 1 lth day of April, 2012 at 6:00 p.m. SIGNATURE: 1 j - , lA lig ' Mike utt Redet lopment B • P - - dent ATTEST: M M. icrl Redevelopment Board - Chief Financial Officer CM 6 V O F I F F F I U S C I V V I L L E Office Of The Mayor 76∎1 Y p Mayor Mike Moore • 6 812.285.6400 office ,q 8l2.285 -6403 fax f J ww•.cityofiett.net \.RS° Jeffersonville City Hall 500 Quartermaster Court .Ictrrnnnville, Indiana 4 7130 April 11,2012 Ms. Kathleen Weissenberger Indiana Office of Community and Rural A ffairs Director, Community Affairs Division One North Capitol, Suite 600 Indianapolis, Indiana 46204 -2288 RE: City of Jeffersonville — Main Street Revitalization Program — 131g Four Bridge Landing Streetscape Project Dear Ms. Weissenberger, The City of Jeffersonville is applying for $250,000 in Main Street Revitalization Program grant funds. The Redevelopment Commission of the City of Jeffersonville has committed S128,619.50 in the form of Falls Landing Tax Increment Financing District to this project. These funds are available for the local match and have been dedicated/ set -aside for this project by resolution of the Redevelopment Commission of the City of Jeffersonville. Thank you for your cooperation. Since Iv, ei Monica on Chief Financial Officer An equal cppnnnnay employe,