HomeMy WebLinkAbout18-03-15 RESOLUTION 18-03-15
A RESOLUTION AUTHORIZNG THE APPLICATION TO THE WASHINGTON COUNTY
COMMUNITY DEVELOPMENT AGENCY FOR GRANT FUNDING ASSOCIATED WITH
PRELIMINIARY REDEVELOPMENT AND CONCEPT STUDIES AT NORELL AVE AND 60TH
STREET.
WHEREAS,the City of has identified a proposed project within the City that meets the Washington County
Community Development Agency(CDA)Predevelopment Finance.Fund's purposes and criteria with such
project being the study of redevelopment opportunities for the Norell Ave /60'a Street intersection that is
targeted to improve access and encourage redevelopment of area properties; and
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WHEREAS, the City has established that the property in consideration has been zoned and/or guided for
future development accordingly and the proposed project is a high priority of the City; and
WHEREAS, the City supports the proposed project scope of work that is estimated to not exceed $30,000
in out of pocket costs related to engineering and planning services and hereby supports the application to
the Predevelopment Finance Fund for an amount not to exceed $9,500; and
WHEREAS,the City has the legal authority to apply for financial assistance; and.
WHEREAS, the City is supportive of enhancing economic development opportunities that will serve to
create jobs, enhance the tax base and improve the lives of area residents.
NOW THEREFORE BE IT RESOLVED that the City of approves the application for funding from the
Washington County CDA Predevelopment Finance Fund.
BE IT FURTHER RESOLVED that upon approval of its application by the Washington County CDA,the
City Administrator is hereby authorized to execute such agreements as are necessary to receive and use the
funding for the proposed project.
Passed by tfhe Ci Council for the City of Oak Park Hei,g this E4 day /of March, 2018
Mary'M6Comber, Mayor
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1'nson, City Administrator