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HomeMy Public PortalAbout020-2011 - Grant -IDOT - acquisistion of CSX CORDINANCE NO. 20-2011 AN APPROPRIATION ORDINANCE AUTHORIZING THE SUBMITTAL, ACCEPTANCE, AND APPROPRIATION OF A GRANT FROM THE INDIANA DEPARTMENT OF TRANSPORTATION WHEREAS, The Indiana Department of Transportation has grant funding available through its Indiana Transportation Enhancement Program; and WHEREAS, the City of Richmond wishes to submit a grant application to obtain funds that will be used to acquire the CSX Railroad corridor from South Fifth Street to Richmond Avenue; and WHEREAS, a local match of Sixty Thousand Dollars ($60,000.00) is required, which money shall be contributed from the TIF funds. NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond, Indiana, as follows: 1. The City of Richmond is hereby authorized to submit a grant application to the Indiana Department of Transportation, Transportation Enhancement Program. 2. The City of Richmond is authorized to accept said grant funding in an amount up to Three Hundred Thousand Dollars ($300,000.00). 3. The City of Richmond is hereby authorized to provide local funds in an amount up to Sixty Thousand Dollars ($60,000.00). 4. Said funds, if awarded to the City of Richmond, shall be appropriated to acquire the CSX Railroad corridor from South Fifth Street to Richmond Avenue. Passed and adopted this _21st _ day of _March 2011, by the Common Council of the City of Richmond, Indiana. _S/S Diana P"pin , President (Diana Pappin) ATTEST: _S/S Karen Chasteen City Clerk (Karen Chasteen) PRESENTED to the Mayor of the City of Richmond, Indiana, this _23rd _ day of _March 2011. _S/S Karen Chasteen City Clerk (Karen Chasteen) APPROVED by me, Sarah L. Hutton, Mayor of the City of Richmond, Indiana, this _23rd day of March , 2011. _S/S Sarah L. Hutton Mayor (Sarah L. Hutton) ATTEST: _S/S Karen Chasteen City Clerk (Karen Chasteen)