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HomeMy WebLinkAbout1997-R-21RESOLUTION NO. 4'7/~'~. I RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF JEFFERSONVILLE, INDIANA, AUTHORIZING THE SUBMITTAL OF A CFF GRANT APPLICATION TO THE INDIANA DEPARTMENT OF COMMERCE AND ADDRESSING RELATED MATTERS. WHEREAS, 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; tu~d WHEREAS, the Department of Redevelopment of the City of Jeffersonville, Indiana, on behalf of 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 City of Jeffersonville, acting by and through its Department of Redevelopment, is authorized to prepare and submit an application for grant funding to address downtown revitalization needs and the preservation of the community at large, 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. The City of Jeffersonville, Indiana, hereby commits the requisite local funds in the amount of Thirty-five thousand and no/100 dollars ($35,000.00), in the form of the Jeffersonville Revolving Loan Fund, 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 BY THE COMMON COUNCIL OF THE CITY OF JEFFERS ONVILLE, 1NDIANA THISSEV~~ AP/~~~ ~ T'hom~s R. Galligan 'it (~ ' Presiding Officer RESOLUTION NO..~_ il~t PAGE 2 ATTEST: C. Richard Spencer,~. Clerk and Treasurer Presented by me as Clerk and Treasurer to the Mayor of said City of Jeffersonville this ~7t3 day of April, 1997. O-~ K"I~"~~ C. Richard Spencer, Jr.]ct ~ ' Clerk and Treasurer Approved and signed by me this~2~ day o,f~l~, 1997 Thomas R. Galligan, Mayor C:\CoreI\Office7\WPWin7\GRANT\CFSS~ACQAPP CC RES.wpd