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HomeMy WebLinkAbout14-043 CERB Grant Howard Street Corridor Resolution 14-043 Page 1 of 2 RESOLUTION NO. 14-043 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, WASHINGTON, AUTHORIZING SUBMISSION OF AN APPLICATION FOR A COMMUNITY ECONOMIC REVITALIZATION BOARD GRANT IN THE APPROXIMATE AMOUNT OF $65,000 FOR HOWARD STREET CORRIDOR ZONING AND STORMWATER INFRASTRUCTURE PROJECT WHEREAS, Community Economic Development Board (CERB) funds are available to support feasibility and planning work in furtherance of economic development; and WHEREAS, the City of Port Townsend desires to pursue an objective feasibility study analysis for the Howard Street Corridor Zoning and Stormwater Infrastructure Project consistent with the purposes of the CERB; and WHEREAS,the CERB Project represents a commitment of resources toward enhancing the vitality of the area and expansion of economic and employment opportunities of the City of Port Townsend, together with increased tax revenues; and WHEREAS, in the event the application for CERB funding is approved, and the grant is accepted by the City of Port Townsend the City of Port Townsend will comply with all applicable federal and State requirements in regard to environmental impact of the project; and WHEREAS, the project will not result in the transfer/relocation of jobs from one part of the state of Washington to another; and WHEREAS, the matching portion of the grant is minimum of 25% of the project amount. The City of Port Townsend will investigate and evaluate options for joint participation in the matching obligations with the CERB grant; and WHEREAS, the City of Port Townsend finds that an application should be submitted for consideration by CERB, and that such submission will promote economic development within the City of Port Townsend NOW THEREFORE,BE IT RESOLVED that the City Council of the City of Port Townsend, Washington, as follows: 1. That the City Manager or his/her designee, is hereby authorized to submit an application to the Community Economic Revitalization Board, for and on behalf of the City of Port Townsend for CERB funding in the approximate amount of$65,000 for the CERB Project; and Resolution 14-043 Page 2 of 2 2. That the City Manager is hereby further authorized to provide such additional information as may be necessary to secure approval of such application; and 3. That, in the event such application is approved, the City Manager is authorized to enter into an agreement for such funding; and 4. That this Resolution shall be effective upon passage and signatures heron in accordance with law. ADOPTED by the City Council of the City of Port Townsend at a regular meeting thereof, held this 21 st day of July, 2014. 1 havicrKing, Mayo Attest: Approved as to form: Joanna Sanders, CMC John P. Watts City Clerk City Attorney