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RESO 2002-22 - Main Steet App TDAGRESOLUTION NO. 2002-22 A RESOLUTION APPROVING AN APPLICATION FOR FUNDING THROUGH THE TEXAS DEPARTMENT OF AGRICULTURE TEXAS CAPITAL FUND MAIN STREET PROGRAM - 2002 Whereas, the City of Huntsville was selected as a 2001 Main Street City by the Texas Historical Commission, and Whereas, some areas of downtown Huntsville are blighted due to deteriorating and non -ADA compliant infrastructure; specifically, the sidewalks along the 1200 block of University Avenue and the intersections at 12th & University and 12th & Sam Houston, and Whereas, the public sector is unable to adequately address these blighted areas at this time, and Whereas, the Texas Capital Fund grant will alleviate blight within the downtown area, THEREFORE BE IT RESOLVED by the City Council of the City of Huntsville as follows: SECTION 1. That the findings in the preamble of this resolution are true and correct. SECTION 2. The City Council has reviewed and hereby approves an application for improvement of the sidewalks located along the both sides of the 1200 block of University Avenue and the curbs at the intersection of Sam Houston Avenue and 12th Street. Total Requested of State $150,000 Matching Funds from City $ 40,000 TOTAL GRANT BUDGET $190,000 SECTION 3. The City Council has reviewed and hereby agrees to comply with all assurances executed in connection with the application and, if funded the award. SECTION 4. The City Manager is hereby authorized and directed to act on the City's behalf in all matters pertaining to this application. SECTION 5. The City Council has reviewed and hereby agrees not to participate in program income recapture and will return all program income to the State to be placed in a statewide Revolving Loan Fund to be used by the State to fund future economic development awards. By agreeing to this measure, the city /county understands that it will be eligible to receive as many Texas Capital Fund awards per program year as it has eligible projects. This Resolution shall take effect immediately from and after the date of its passage. PASSED AND APPROVED THIS 20th DAY OF AUGUST 2002. CITY OF HUNTSVILLE, TEXAS ATTEST: Danna Welter, City Secretary APPROVED AS TO FORM: a/Pe**9 Paul . Isham, City Attorney William B. Green, Mayor