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HomeMy WebLinkAbout2310 RESOLUTION NO. 2310 RESOLUTION AUTHORIZING APPLICATION TO, CASH MATCH DESIGNATION FOR, AND MAYORAL SIGNATURE OF THE ECONOMIC DEVELOPMENT ADMINISTRATION GRANT WHEREAS, the City Council of the City of Bremerton considers it in the best interest of the public to construct the downtown waterfront project; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BREMERTON: 1. That the Mayor be authorized to make formal application to the Economic Development Administration for funds in the amount of $1,200,000. 2. That any fund assistance so received be used in the construction of the downtown waterfront project as previously approved from First Street to the USS Turner Joy. 3. That since the EDA grant must be matched at a minimum of 50%, the local share will come from the following sources: A. Port of Bremerton - $82,000 B. Department of Natural Resources - $75,000 C. Community Development Block Grant - $202,000 D. Bremerton Historic Ships Association - $283,500 E. City of Bremerton - $703,000 F. Puget Sound Naval Shipyard Centennial Board - $100,000 4. That as long as the scope of work and the budget do not significantly change, the Mayor be authorized to sign the contract with the Economic Development Administration if the grant funds are awarded. PASSED by the City Council of the City of Bremerton this 8th day of August , 1990. Lynn Horton City Council President Approved this 14th- day of August , 1990. Louis Mentor Mayor Attest: Kathleen McCluskey, Clerk