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HomeMy WebLinkAbout8335RESOLUTION NO. 8335 A RESOLUTION AUTHORIZING THE SUBMITTAL OF AN APPLI- CATION TO THE ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) FOR CONSTRUCTION OF THE HISTORIC ARKANSAS RIVERWALK OF PUEBLO INFRASTRUCTURE IMPROVEMENTS UNDER THE PUBLIC WORKS PROGRAM AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME , WHEREAS, the Denver Regional Office of the Economic Development Administration has invited the City of Pueblo to submit a formal application for the construction of infrastructure improvements at the Historic Arkansas Riverwalk of Pueblo site; and WHEREAS, the application for the proposed project which requires approximately $1,200,000 of EDA funds, or 60 percent of the total estimated cost of $2,000,000, must be submitted by February 20, 1998. BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that: SECTION 1 An application to the EDA for construction infrastructure improvements at the Historic Arkansas Riverwalk of Pueblo (HARP) site under the Public Works Program for Fiscal Year 1998 by the City of Pueblo in substantially the same form and content as that which is on file in the Department of Planning and Development, is hereby approved. The President of City Council is hereby authorized to execute the application on behalf of the City. SECTION 2 The applicant's 40 percent match cash contribution will be paid from the HARP's Limited Tax General Obligation Bond Series ' 1996 or other State and Local source which may be secured for this nurroose. INTRODUCED: FEBRUARY 9, 1998 BY: John Verna COUNCIL PERSON APPRO VED: 4 Lws&fl�__ a, a f_� PRESIDENT OF THE CITY COUNCIL ATTEST: CITY CLERK