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Resolution 4023/Grant ApplicationRESOLUTION NO. 4023 A RESOLUTION AUTHORIZING THE CITY MANAGER AND THE DEPARTMENT OF PLANNING, ECONOMIC AND COMMUNITY DEVELOPMENT TO SUBMIT ON BEHALF OF THE CITY OF KALISPELL A FINAL GRANT APPLICATION TO THE UNITED STATES ECONOMIC DEVELOPMENT ADMINISTRATION IN THE AMOUNT OF $293, 244.00 FOR THE PURPOSE OF PROVIDING PUBLIC INFRASTRUCTURE IMPROVEMENTS NECESSARY UNDER A DEVELOPMENT AGREEMENT BETWEEN THE CITY AND TIDYMAN'S, INC. WHEREAS, the City Council of the City of Kalispell by Ordinance No. 1168, adopted September 16, 1991, authorized a certain Project as an urban renewal project and further authorized the negotiation of a Development Agreement with Tidyman's, Inc. with regard to said Project, and WHEREAS, the City of Kalispell and Tidyman's, Inc. entered into a Development Agreement, effective October 17, 1991, in which the City agrees to undertake certain activities associated with the Project involving public infrastructure improvements, and WHEREAS, Section 3.2 of said Development Agreement provides for the City to expend up to $600,000.00 of tax increment revenue, including an Economic Development Administration Grant, for public infrastructure improvements associated with the Project, and further, provides for an Economic Development Administration Grant to off -set a portion of the costs incurred by the City for the public infrastructure improvements, and WHEREAS, by previous motion the City Council of the City of Kalispell authorized the Department of Planning, Economic .and Community Development to submit a preliminary application for Economic Development Administration assistance for public infrastructure improvements associated with the Project. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, AS FOLLOWS: SECTION I. That the City Manager and the Department of Planning, Economic and Community Development is hereby authorized to submit to the United States Economic Development Administration, on behalf of the City of Kalispell, a final grant application in the amount of $293,244.00 for public infrastructure improvements related to the Development Agreement between the City of Kalispell and Tidyman's, Inc. SECTION II. This Resolution shall become effective immediately upon passage by the City Council of the City of Kalispell and approval by the Mayor. PASSED AND APPROVED BY THE CITY COUNCIL AND MAYOR OF THE CITY OF KALISPELL, MONTANA THIS 4TH DAY OF NOVEMBER, 1991. ATTEST: 0 DOUGLAS D. RAUTHE--MAYOR