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,