Resolution - CFF Application & Match Commitment
RESOLUTION AUTHORIZING APPLICATION SUBMISSION
AND LOCAL MATCH COMMITMENT
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEW CASTLE, INDIANA, AUTHORIZING THE SUBMITTAL OF THE CFF APPLICATION TO THE INDIANA OFFICE OF COMMUNITY AND RURAL AFFAIRS AND ADDRESSING RELATED MATTERS
WHEREAS, the Council of the City of New Castle, Indiana, recognizes the need to stimulate growth and to maintain a sound economy within its corporate limits; and
a. WHEREAS, the Housing and Community Development Act of 1974, as amended, authorizes the Indiana Office of Community and Rural Affairs to provide grants to local units of government to meet the housing and community development needs of low- and moderate-income persons; and
b. WHEREAS, the Housing and Community Development Act of 1974, as amended, authorizes the Indiana Office of Community and Rural Affairs to provide grants to local units of government for the elimination and prevention of blight; and
WHEREAS, the City of New Castle, Indiana, has conducted or will conduct public hearings prior to the submission of an application to the Indiana Office of Community and Rural Affairs, said public hearings to assess the housing, public facilities and economic needs of its low- and moderate-income residents;
NOW, THEREFORE, BE IT RESOLVED by the City Council of New Castle, Indiana that:
1. The Mayor is authorized to prepare and submit an application for grant funding to address downtown façade revitalization, and to execute and administer a resultant grant including requisite general administration and project management, contracts and agreements pursuant to regulations of the Indiana Office of Community and Rural Affairs and the United States Department of Housing and Urban Development.
2. The City of New Castle, Indiana hereby commits the requisite local funds in the amount of ________________________ ($____________), in the form of (source of local match), as matching funds for said program, such commitment to be contingent upon receipt of CFF funding from the Indiana Office of Community and Rural Affairs.
Adopted by the City Council of the City of New Castle, Indiana, this 7th day of March, 2011.
