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HomeMy WebLinkAboutResolution No. 88-29 CITY OF THE COLONY, TEXAS R~SOLUTION NO. 88-29 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 COMMERCE FOR THE COMMUNITY DEVELOPMENT FUND; AND AUTHORIZING THE CITY MANAGER TO ACT AS THE CITY'S EXECUTIVE OFFICER AND AUTHORIZED REPRESENTATIVE IN ALL MATTERS PERTAINING TO THE CITY'S PARTICIPATION IN THE COMMUNITY DEVELOPMENT PROGRAM. WHEREAS, the City Council of the City 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 interests of the City of The Colony to apply for funding under the 1988 Texas Community Development Program; NOW, THEREFORE, BE IT RESOLVED 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 Commerce. 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 a waste water collection system. 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 twelve percent (12%) of the grant allocation from its General Fund and in kind contribution-toward construction activities of this waste water collection system project. PASSED AND APPROVED this 17th day of October , 1988. ATTEST: Patti A. Hicks, City Secretary