Resolution 4023 - Authorizing City Manager to Submit EDA Grant Application re Tidyman's241
RESOLUTION 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.
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PASSED AND APPROVED BY THE CITY COUNCIL AND MAYOR OF THE CITY OF
KALISPELL, MONTANA THIS 4TH DAY OF NOVEMBER, 1991.
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DOUG19AS D. RAUTHE--MAYOR
ATTEST::
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FINA CE DIRECTOR
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