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HomeMy WebLinkAbout00-009RESOLUTION NO. 00-009 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, WASHINGTON AUTHORIZING THE RELEASE OF LODGING TAX ADVISORY COMMITTEE (LTAC) FUNDS FOR THE APPROPRIATE USES AS OUTLINED IN THE CAROUSEL COMMITTEE'S LTAC GRANT APPLICATION WHEREAS, the City Council authorized a grant of LTAC funds to the Carousel Committee for the capital costs of the Carousel of the Olympic Sea; and WHEREAS, the grant conditions provided amongst other things, a compliance deadline of December 31, 1999; and WHEREAS, the Carousel Committee has requested an extension of time to bring the project into compliance; and WHEREAS, the City Council in consideration of the circumstances finds that it is in the best interest of the City to grant the extension; and WHEREAS, the City Council finds it to be in the best interests of the project to release the funds at this time, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port Townsend as follows: SECTION 1. After consideration of the circumstances, the City Council authorizes the City Manager and Finance Director to release the grant award to the Carousel Committee for the appropriate uses as outlined in the Carousel Committee's LTAC grant application. ADOPTED by the City Council of the City of Port Townsend at a regular meeting thereof, held this ~[ day of fe to ~ ~ an- ~1 ,2000. Attest: Pam Kolacy, City Clerk Approved as to form: /~ity Attorney C :La3qNIE\CLERKLRESOLUTN~carouseI3 .doc