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HomeMy WebLinkAbout135351 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 RESOLUTION NO. 13,535 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO APPLY FOR AND ENTER INTO GRANT AGREEMENTS WITH THE ARKANSAS ECONOMIC DEVELOPMENT COMMISSION FOR ECONOMIC DEVELOPMENT WITH COMMUNITY DEVELOPMENT BLOCK GRANT DISASTER FUNDING; AND FOR OTHER PURPOSES. WHEREAS, the Arkansas Economic Development Commission (AEDC) has invited the City to apply for a Community Development Block grant (CDBG) for Disaster Recovery funds for a project for equipment to create jobs through the Welspun Tubular, LLC; and, WHEREAS, it is necessary that certain conditions be met as part of the application requirement; and, WHEREAS, as a result of the public hearing process, the City of Little Rock has identified and prioritized the community development needs; and, WHEREAS, the Board of Directors has determined it is in the best interest of the City and its inhabitants to apply for a grant from the AEDC; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRETORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. The City Manager, or Assistant City Manager, as a Signatory Agent or the successor of said Agent, is hereby authorized and directed to make application for assistance under the CDBG Disaster Grant Program administered by AEDC and to execute agreements and instruments issued or made pursuant thereto on behalf of the City from time to time. Section 2. The City hereby pledges its full support for the project and authorizes the City Manager to initiate the actions needed to fully implement this project. Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or adjudication shall not affect the remaining portions of the resolution which shall remain in full force and effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the resolution. Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same, that are inconsistent with the provisions of this resolution, are hereby repealed to the extent of the inconsistency. Section 5. This resolution will be in full force and effect from and after the date of its adoption. ADOPTED: July 17, 2012 [Page l of 21 5 6 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 . MUM City Clerk AS TO LEGAL FORM: Thomas M. Carpenter, City Attorney // // // // // // // // // // // // // // // // // // // // // // // // // APPROVED: lffd - Mark Stodola; [Page 2 of 21