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HomeMy Public PortalAbout016-2012 - Grant - StellarORDINANCE NO. 16-2012 AN APPROPRIATION ORDINANCE AUTHORIZING THE SUBMITTAL, ACCEPTANCE, AND APPROPRIATION OF A GRANT FROM THE STELLAR COMMUNITIES GRANT PROGRAM 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 City of Richmond recognizes the need to stimulate growth and complete community development projects to address various needs such as housing, beautification, infrastructure, street and roadwork, streetscape and lighting, community centers, and revitalization projects, economic development and other quality of life projects to benefit its citizens; WHEREAS, The City of Richmond has been named as one of the seven (7) finalist communities that is eligible to receive a competitive grant from the Indiana Stellar Communities Program which is a collaboration between the Indiana Department of Transportation (INDOT), Office of Community and Rural Affairs (OCRA), and Indiana Housing and Community Development Authority (IHCDA); and WHEREAS, The City of Richmond is requesting grant funding to complete improvements to the center city including housing improvements, facade improvements, street scape improvements and recreational/park improvements; and WHEREAS, Local match will be required and will be provided from one or more of the following sources: Community and Economic Development Revolving Loan Fund, EDIT Fund, Redevelopment Commission, Park Bond Proceeds, Urban Enterprise Association, as well as local private investment. NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond, Indiana, as follows: 1. The City of Richmond, by the Mayor and the Richmond Department of Metropolitan Development, has submitted or will submit, as authorized by IC 36-1-4-10, a grant application for the Stellar Communities Grant Program in an amount up to Twelve Million Five Hundred Thousand Dollars and zero cents ($12,500,000.00). 2. The City of Richmond Department of Metropolitan Development is authorized to accept said grant funding in an amount up to Twelve Million Five Hundred Dollars and Zero Cents ($12,500,000.00) from the Stellar Communities Grant Program. 4. A local match of up to 20% is being committed, depending on the program in which projects are funded, and will come from one or more of the following sources: Community and Economic Development Revolving Loan Fund, EDIT Fund, Redevelopment Commission, Park Bond Proceeds, Urban Enterprise Association, as well as local private investment. Passed and adopted this 2nd day of April, 2012, by the Common Council of the City of Richmond, Indiana. S/S Philip Matthew Quinn President (Philip Matthew Quinn) ATTEST: S/S Karen Chasteen , City Clerk (Karen Chasteen, IAMC, MMC) PRESENTED to the Mayor of the City of Richmond, Indiana, this 3rd day of April, 2012, at 9:00 a.m. S/S Karen Chasteen , City Clerk (Karen Chasteen, IAMC, MMC) APPROVED by me, Sarah L. Hutton, Mayor of the City of Richmond, Indiana, this 3rd day of April, 2012, at 9:05 a.m. S/S Sarah L. Hutton Mayor (Sarah L. Hutton) ATTEST: S/S Karen Chasteen , City Clerk (Karen Chasteen, IAMC, MMC)