HomeMy Public PortalAbout13-1997-13 RESOLUTION NO. 1997-13
- 711
A RESOLUTION AUTHORIZING THE EXPENDITURE
OF INDUSTRIAL DEVELOPMENT FUNDS
(Funding the Greencastle/Putnam County Development Center)
WHEREAS, the Greencastle/Putnam County Development Center, Inc. has
requested a matching fund grant of $30,000.00 for the 1997 year from the interest
earned on the Industrial Development Fund; and
WHEREAS, the Greencastle/Putnam County Development Center, Inc.
continues to play a key role in attracting new business and industry, retaining and
assisting business and industry; and
WHEREAS, the Greencastle Citizens Advisory Commission for Industrial
Development, pursuant to I.C. 36-7-13-6(C), on April 2, 1997, approved the requested
expenditure of Industrial Development Funds for the support of the Greencastle/
Putnam County Development Center, Inc.
NOW, THEREFORE BE IT RESOLVED, that the Greencastle Common Council
authorize the expenditure of $30,000.00 per annum - $15,000 payable June 1st and
October 1st - for the 1997 year in matching funds (Greencastle/Putnam County
Development Center shall raise an equivalent sum from other sources) from the
Industrial Development Fund.
PASSED AND RE VED by the Common Council of the City of Greencastle at
its regular meeting this day of6 , Q, 1997.
COMMON COUNCIL OF THE CITY OF GREENCASTLE
'.r 1 -y,,-1,4- (Atty-,A /v4acj Fe
Barry B'aynard David Masten
Kie re n Thomas W. Roach
u /t/
g4,
M N. Hammer
Approved and signed by me this C 'tr`day of , 1997, qi,00
O
o'clock. p.m.
,r-Th
Nancy A. M i hael, Mayor
A ST:
Pamela S. Jones, Clerk) urer
resoL\97-13.bms