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HomeMy Public PortalAbout02-1995-2 .) CANED RESOLUTION NO. 1995-2 A RESOLUTION AUTHORIZING THE EXPENDITURE OF INDUSTRIAL DEVELOPMENT FUNDS (Funding Main Street Greencastle, Inc.) WHEREAS, the Main Street Greencastle, Inc. has requested a matching fund grant of $10,000.00 for the 1995 year from the interest earned on the Industrial Development Fund; and WHEREAS, Main Street Greencastle, Inc. plays a significant role in the development and strength of the Greencastle Community and the continuation of such activities is in the best interest of the City of Greencastle; and WHEREAS, The Greencastle Citizens Advisory Commission for Industrial Development, pursuant to I. C. 36-7-13-6(c), on February 9, 1995, approved the requested expenditure of Industrial Development Funds for the support of Main Street Greencastle, Inc. NOW THEREFORE BE IT RESOLVED, that the Greencastle Common Council approve the expenditure of $10,000.00 per annum for the 1995 year in matching funds (Main Street Greencastle, Inc. shall raise an equivalent sum from other sources) from interest from the Industrial Development fund monies. PASSED AND RESOLVED by the Common Council of the City of Greencastle at its regular meeting this 14th day of March, 1995. COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA —22~0 WAgel Thomas W. Roach Susan V. Murray / era . Calbert Michael W. Rokicki (i0 t if7L, Charles T. Miles Approved and signed by me this I L day of March, 1995, at /„, ATTEST: Michael M. Harmless, Mayor iva•itii rBerry, CMC, Clerk-Treasurer grb4domain.%_