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HomeMy WebLinkAboutReso 2001-015 - Economic Development Plan RESOLUTION NO. 2OO/—I A RESOLUTION APPROVING AN APPLICATION FOR FUNDING AND THE EXECUTION OF A GRANT AGREEMENT AND ANY AMENDMENTS THERETO FROM THE JOBS/HOUSING BALANCE IMPROVEMENTS PROGRAM, ECONOMIC DEVELOPMENT PLANNING ALLOCATION. BE IT RESOLVED by the City Council of the City of Redding as follows: SECTION 1 The City Council has reviewed and hereby approves an application for up to$100,000 dollars for the Bay Area Targeted Program. SECTION 2 The City Council hereby approves the use of Electric Funds in the amount of$10,000 dollars to be used as the City's Cash Match for this project. SECTION 3 The City Manager is hereby authorized and directed to act on the City's behalf in all matters pertaining to this application. SECTION 4 If the application is approved,the City Manager is authorized to enter into and sign the grant agreement and any subsequent amendments with the State of California for the purposes of this grant. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 16th day of January , 2001, and was duly adopted at said meeting by the following vote: AYES: COUNCILMEMBER:cibula, Kight, Pohlmeyer, Stegall & McGeorge NOES COUNCIL MEMBER: None ABSENT COUNCIL MEMBER: None ABSTAIN COUNCIL MEMB ' : None ave M ' : :e, r City of Redding ATTEST: FORM AP I OVED: Connie Strchmeyer City C < Leonard Wingate, City Atirney 1-5-01 ECONDEVJ ESOS\BayAreaProgram.HCDReso.wpd -1