HomeMy Public PortalAbout06-2008-6 RESOLUTION NO. 2008-6 Loisi
S"N"ED
r"1 COMMON COUNCIL
CITY OF GREENCASTLE, INDIANA
A RESOLUTION AUTHORIZING FUNDING OF THE
GREENCASTLE/PUTNAM COUNTY DEVELOPMENT CENTER
FROM INDUSTRIAL DEVELOPMENT FUNDS
WHEREAS, the Greencastle/Putnam County Development Center, Inc., continues to play
a key role in assisting, retaining, and attracting new business and industry to the community; and
WHEREAS, funding in the amount of Forty-three Thousand, Five-hundred Dollars
($43,500.00) from the interest earned on the Industrial Development Fund is needed to fund the
Greencastle/Putnam County Development Center, Inc., for 2008; and
WHEREAS,the Citizens Advisory Commission for Industrial Development approves and
recommends to the City of Greencastle Common Council through its Resolution No. 2008-1 an
expenditure of monies of Forty-Thousand Dollars($40,000.00)for the year 2008 from the interest
earned on the Industrial Development Fund,plus Three-thousand,Five-hundred Dollars($3,500.00)
for the travel fund to be used by the City of Greencastle and its designees for the promotion of
industrial development in the City of Greencastle.
NOW, THEREFORE, BE IT RESOLVED THAT THE GREENCASTLE COMMON
COUNCIL approves the expenditure of$43,500.00 in industrial development fund monies.
COMMON COUNCIL OF THE CITY OF GREENCASTLE
411
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A am Cohen
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M k N. Hamm John A. Lanie
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nsie Bingham
Approved and signed by me this 10'day of June 2008, at o'clock p.m.
HIN•J•J\c
Susan V. Murray, Mayor
ATTEST:
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Teresa P. Glenn, Clerk-Treasurer 8cor3\ccres-gdcfunding08.lah