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HomeMy WebLinkAbout20-007 Authorizing the City Manager to Execute and Submit an Application for Public Infrastructure Grant Funds for the Regional Stormwater Facility Construction Resolution 20-007 Page 1 of 2 RESOLUTION NO. 20-007 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, WASHINGTON AUTHORIZING THE CITY MANAGER TO EXECUTE AND SUBMIT AN APPLICATION FOR PUBLIC INFRASTRUCTURE GRANT FUNDS FOR THE . REGIONAL STORMWATER FACILITY CONSTRUCTION WHEREAS, the Public Infrastructure fund (PIF) is a Jefferson County-administered fund consistent with RCW 82.14.370 that is dedicated to financing public facilities serving economic development purposes; and, WHEREAS, the City of Port Townsend has committed to the economic development of the Rainer Street and Upper Sims Way area including a$10 million redevelopment of Rainier Street and the creation of the subarea plan; and, WHEREAS, the City's previous investment in the area has already increased the economic viability of the area with the opening of several new businesses; and, WHEREAS, in May 2019 the City applied for and received a PIF grant in the amount of $300,000 for the 7th Street project of the Rainier Street commercial corridor in order to assist adjacent property owners in development of their street frontage improvements; and, WHEREAS, one of the key businesses contributing to the 7th Street project will no longer be relocating to the fronting property; and, WHEREAS, the development of the regional stormwater facility serves the same district and a larger number of properties and therefore further enhances the area's economic potential that is geared toward small-scale and artisan manufacturing; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port Townsend, Washington, as follows: 1. The City Manager is authorized to execute and submit an application to the Jefferson County Public Infrastructure Board seeking $300,000 in grant funds for the design and construction of the regional stormwater facility and at the same time, rescind the grant for the 7th Street project. 2. The City Council will allocate additional funds for the project upon receipt of the grant. Resolution 20-007 Page 2 of 2 ADOPTED by the City Council of Port Townsend, Washington, at a regular meeting thereof, held this 18th day of February 2020. Michelle ��d�o � Mayor 4Y ,`y MAYS Attest: Approved as to form: o Joanna Sanders, MMC -le _....._. Ii (lr City Clerk City Attorney