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HomeMy Public PortalAbout056-2017 - Grant Ordinanace for INDOTCOMMON COUNCIL OF THE CITY OF RICHMOND, INDIANA ORDINANCE NO.56-2017 AN APPROPRIATION ORDINANCE AUTHORIZING THE SUBMITTAL, ACCEPTANCE, AND APPROPRIATION OF A GRANT FROM THE INDIANA DEPARTMENT OF TRANSPORTATION WHEREAS, In accordance with Indiana Code (IC) 36-1-4-10, a municipality may execute any documents necessary to receive money from the state or federal government or any other source, and said documents are prepared and executed by the City executive administration, provided that the Common Council of the City of Richmond as the legislative body of the City approves an ordinance for the appropriation of any monies received in accordance with IC 36-4-6-18; and WHEREAS, The Indiana Department of Transportation has federal grant funding available through the Local Public Agency Program; and WHEREAS, The City of Richmond desires to submit a grant application to obtain funds that will be used to fund the completion of the Complete Streets Loop linking downtown Richmond to local key districts; and WHEREAS, A twenty percent (20%) local match is required. NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond, Indiana, as follows: I. The City of Richmond in accordance with IC 36-1-4-10 has submitted or will submit a grant application to the Indiana Department of Transportation for the federal Local Public Agency Program. 2. The City of Richmond is authorized to accept said grant funding in an amount up to Three Million One Hundred Five Thousand Dollars and Zero Cents ($3,105,000.00) of which Two Million Four Hundred Eighty-four Thousand Dollars and Zero Cents ($2,484,000.00) is the federal contribution. 3. The local match of Six Hundred Twenty-one Thousand Dollars and Zero Cents ($621,000.00) will be requested from the Richmond Redevelopment Commission Tax Increment Financing (TIF) Funds. 4. Said grant funding shall be used to fund the completion of the Complete Streets Loop linking downtown Richmond to local key districts. Passed and adopted this day of I Common Council of the City of Richmond, Indiana. r President (Misty Ho is) ATTU.ST. e-76-- (Karen Chasteen, IAMC, MMC) y PRESENTED to the Mayor of the City of Richmond, Indiana, this�day of , 9:00 a.m. (Karen Chasteen, IAMC, MMC) APPROVED by me, David M. Snow, Mayor of the City of Richmond, Indiana, this b�-TM day of `7E(- c.M3c'O— , 2017, at - I k; 314^ Mayor :!�vl�dm. Sn ATTEST- Karen Chastee�UMC,, MMC)