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HomeMy WebLinkAbout1991-R-08. SOLUTIO. RESOLUTION OF THE COMt40N COUNCIL OF THE CITY OF JEFFERSONVILLE, INDIANA, AUTHORIZING l~lE SUBNII-TAL OF THE CFF APPLICATION TO THE INDIANA DEPARTI4ENT OF COi~4ERCE A~ID AJ)DRESSING RELATED MAl-[ERS ........ ilml~Immllm~Imllmll ........... m ............ ! ............ ~m~ WHEREAS, the Common Council of the City of Jeffersonville, Indiana, recognizes the need to 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 the Indiana Department of Commerce to provide grants to local units of government to meet the housing and community development needs of low and moderate income persons; and WHEREAS, the City of Jeffersonville, Indiana, has conducted or will conduct public hearings prior to the submission of an application to the Indiana Department of Commerce, said public hearings to assess the housing, public facilities and economic needs of its low and moderate income residents; NOW THEREFORE, BE IT RESOLVED by the Common Council of the City of Jeffersonville, Indiana, that: 1. The Mayor is authorized to prepare and submit an application for grant funding to address conditions relating to public site improvements in the Riverside Landing Development Project Area in the City of Jeffersonville, Indiana, and to execute and administer a resultant grant including requisite general administration and project management, contracts and agreements pursuant to regulations of the Indiana Department of Commerce and the United States Department of Housing and Urban Development. 2. That the City of Jeffersonville, Indiana, through its Redevelopment Commission, hereby commits the requisite local funds in the amount of One Hundred Ninety Thousand Dollars ($190,000) comprised of revenues from a bond issue by the Redevelopment Commission as matching funds for said program, such commitment to be contingent upon receipt of CFF funding from the Indiana Department of Commerce. Adopted by the Common Council of the City of Jeffersonville, In, ana. this ,ay of February. 991. Approved and signed by me this BE IT FURTHER RESOLVED that the Clerk-Treasurer of said City of Jeffersonville, Indiana, is hereby ordered and directed to give notice as provided by law. Adopted by the Common Council of the City of Jeffersonville, Indiana, this ~ day of February, 1991. '~CO~MON COUNCIL PRESIDENT CLERK-TREASURER/ ATTESTL~D/ Presented by me as Clerk-Treasurer to the Mayor of the CitY of Jeffersonville, this ~/~ day of February, 1991. C~'ERK-TREASURE~ ~/x day of February, 1991. MAYOR