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HomeMy WebLinkAboutResolution No. 96-07ORIGINAL CITY OF THE COLONY, TEXAS RESOLUTION NO. 96-07 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS, AUTHORIZING THE SUBMISSION OF A TEXAS COMMUNITY DEVELOPMENT PROGRAM APPLICATION TO THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS FOR THE COMMUNITY DEVELOPMENT FUND; AND AUTHORIZING THE CITY MANAGER TO ACT AS THE CITY'S EXECUTIVE OFFICER AND AUTHORIZED REPRESENTATIVE IN ALL MATFERS PERTAINING TO THE CITY'S PARTICIPATION IN THE COMMUNITY DEVELOPMENT PROGRAM WHEREAS, the City Council of The Colony, Texas desires to develop a viable urban community, including decent housing and a suitable living environment and expanding economic opportunities, principally for persons of low/moderate income; and WHEREAS, certain conditions exist which represent a threat to the public health and safety; and WHEREAS, it is necessary and in the best interest of the City of The Colony, Texas to apply for funding under the 1996 Texas Community Development Program NOW, THEREFORE, BE IT RESOLVED and AFFIRMED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: SECTION 1. That a Texas Community Development Program application for the Community Development fund is hereby authorized to be filed on behalf of the City with the Texas Department of Housing and Community Affairs. SECTION 2. That the City's application be placed in competition for funding under the Community Development Fund. SECTION 3. That the application be for $250,000.00 of grant funds to carry out an expansion of the water distribution system in the Eastvale section of The Colony. SECTION 4. That the City Council directs and designates the City Manager as the City's Chief Executive Officer and authorized representative to act in all matters in connection with this application and the City's participation in the Texas Community Development Program. SECTION 5. That it further be stated that the City of The Colony is committing $480,000.00 matching funds and $20,000.00 in kind funds to the timely completion of this project. Funding will come from Capital Improvements bond funds and/or utility operating funds derived from utility system revenues. Willia~ W. Manning, Mayor A~T: Patti A. Hicks, City Secretary