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HomeMy WebLinkAbout1994-R-02 WHEREAS, official authorization of the filling of the Title IX (}rant Application is required; and, i WHEREAS, there is a need to stimulate economic growth mhd en~loyment to offset the Indiana Army ~u~unition Plant closure. NOW, THEREFCP~, BE IT RESOLVED by the Common Council of the City of Jeffersonville, Indiana that: 1. The Conmon Council hereby authorizes the filing of said application, jointly with the Indiana Port Cc~mission and with Clark County, including all understandings and assurances contained therein, and directs and authorizes the President of the Clark County Comuission to act in connection with the application and to provide such additional information as may be required. 2. Local funds in the amount of $579,750.00 are hereby c(~mitted as the City's portion of the total grant match of $702,250.00 with the remaining $122,500.00 in local funds to be C~aTnitted by the Indiana Port Comnission. ~i~e total project cost is $2,809,000.00; the Economic Development Administration grant is $2,106,750.00. 3. The Comnon Council hereby authorizes the Mayor to enter into a lead entity agreement with Clark County and the Indiana Port Comnission legally binding all applicant entities for purposes of the project and authorizing the City of Jeffersonville to represent and administer the project. BE IT FdI~HERRESOLVED, 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 C(~rnon Council of the City of Jeffersonville, Indiana, this /~ day of January, 1994. 'l~resid~h~, Comr~'C~uncil of the City of Jeffersonville Presented to me as Clerk-Treasurer to the Mayor of the City of Jeffersonville, the //~ day of January, 1994. RaYmOnd tO'.' Park~, ,Jr. ~' ~- Mayor of Jeffersonvil lc, Indiana Exhibit I-A-2a