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HomeMy WebLinkAboutAuthorizing the Mayor to submit an application for an economic development grantRESOLUTION NO.q o Q _ I A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AUTHORIZING THE MAYOR TO SUBMIT AN APPLICATION FOR AN ECONOMIC DE- VELOPMENT GRANT, UNDER THE STATE DEPARTMENT OF COMMERCE ECONOMIC'DEVELOPMENT GRANTS PROGRAM, THROUGH THE INDIANA STATE DEPARTMENT OF COMMERCE. WHEREAS, the City of South Bend, acting through the office of the Mayor and Common Council, has aggressively and successfully sought out to improve South Bend's economy by initiating and supporting economic development projects which increase the City's tax base, job opportunities, and local incomes; and WHEREAS, the City of South Bend, acting through the office of the Mayor and Common Council, has aggressively and successfully sought out state assistance to support local efforts and to supplement local resources; and WHEREAS, the purpose of the State Department of Commerce Economic De- velopment Grants Program is to strengthen the local economic development activities to provide greater employment for Indiana communities; and WHEREAS, the City of South Bend would like to implement a development packaging and job targeting mechanism to be utilized principally in economic development activities that have a substantial potential for job creation; and WHEREAS, the Mayor is the chief executive officer of the City, and is the applicant for an Economic Development Grant through the Indiana State Department of Commerce. NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA: SECTION I: Hereby establishes the authority of the Mayor of the City of South Bend to submit an application for funds in the amount of Eighty -seven Thousand Seven Hundred Nine Dollars ($87,709.00) to the State Department of Commerce. SECTION II: Hereby designates the Department of Economic Development and Redevelopment as the Administrative Agent for the program. SECTION III: This resolution and after its adoption by the Common PRESENTED g — I 0 NOT APPIEOM ADOPTED 400'� % . - 10 — v shall be in full force and effect from Counci and approval by the Mayor. Member of the Common Council F6LED ID OFFICE Irene Gammon CITY CLERK, SOUTH BEND, IND.