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HomeMy WebLinkAbout1998-R-10RESOLUTION NO. ~ RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF JEFFERSONVILLE, INDIANA, AUTHORIZING THE SUBMITTAL OF THE CFF APPLICATION TO THE INDIANA DEPARTMENT OF COMMERCE AND ADDRESSING RELATED MATTERS WHEREAS, the 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 Iow 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 Iow and moderate income residents; NOW THEREFORE, BE IT RESOLVED by the Council of the City of Jeffersonville, Indiana that: The Mayor is authorized to prepare and submit an application for grant funding to address the slum and blighted conditions by conducting intersection and streetscape improvements along the Spring Street Business District, 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. The City of Jeffersonville hereby commits the requisite local funds in the amount of Fifty-nine Thousand Five-hundred Dollars and 00/100 ($59,500), in the form of cash on hand through the Jeffersonville Department of Redevelopment and Twenty-Three Thousand Dollars and 00/100 ($23,000), in the form of cash from Jeffersonville Main Street, Inc., as matching funds for said program, such commitment to be contingent upon receipt of CFF funding from the Indiana Department of Commerce. Passed and adopted this . . Presiding Officer ATTEST: C. Richard Spencer¢~. Clerk and Treasurer Presented by n~.,~ as Clerk and ~Treasur, er to th,~,Mayor of said City of Jeffersonville this ~.,/_~ day of .,~.//,~¢,~.~--¢~ , 199.~_~. C. RiChard Spencer~(r. Clerk and Treasurer Approved and signed by me this ,.,,,~Z' day of ,~/~.: 199_4~. I ¢ho~m~s R. Ga~ligan, I~ayo/~ ~