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HomeMy Public PortalAbout2008_01_08_R014 Appropriating funds for ULI Wash Assistance Panel Study The Town of Leesburg, Virginia PRESENTED Januarv 8. 2008 RESOLUTION NO. 2008-14 ADOPTED January 8. 2008 ARESOLUTION: APPROPRIATING $5,000 FROM THE TOWN MANAGER'S CONTINGENCY FUND OF THE FY 2008 BUDGET TO THE LOUDOUN CONVENTION AND VISITORS ASSOCIATION FOR A STUDY BY UL! WASHINGTON TECHNICAL ASSIST ANCE PANEL WHEREAS, the Council requested that the Economic Development Commission investigate ways to enhance the Historic Downtown as a shopping, dining and entertainment district, and WHEREAS, in response to this request, in February 2007, the Economic Development Commission hosted a First Floor Retail Forum to solicit ideas and input from the downtown commercial property owners, and WHEREAS, the Downtown Improvement Association was formed as a resuIt of the First Floor Retail Forum; and WHEREAS, the Downtown Improvement Association has recommended that UL! Washington Technical Assistance Panel be contracted to conduct a one-and-one-half day implementation plan, and WHEREAS, the co st of the UL! Washington Technical Assistance Panel's services is $12,000, and WHEREAS, Leesburg's downtown core represents an estimated 439,000 square feet in infill development opportunity with an estimated target of $175 million dollars in private investment resuIting in a projected 1000 jobs. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia that the an appropriation in the amount of$5,000 from the Town Manager's Contingency Fund of the FY -2- ARESOLUTION: APPROPRlATING $5,000 FROM THE TOWN MANAGER'S CONTINGENCY FUND OF THE FY 2008 BUDGET TO THE LOUDOUN CONVENTION AND VISITORS ASSOCIATION FOR A STUDY BY UU WASHINGTON TECHNICAL ASSIST ANCE PANEL 2008 Budget be made to the Loudoun Convention and Visitor's Association for a UU Washington Technical Assistance Panel Study. P ASSED this 8th day of January 2008. AfllI' Clerk of Coun . ~l\Q~ .. C. mstattd, Mayor Town of Leesburg uu TAPS