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HomeMy WebLinkAbout1991-11-13 92-11 ORDERCOUNCIL ACTION Item No. 92-11 Date November 5. 1991 Item/Subject: Order accepting Walmert Grant and appropriating the funds to Na:afr Corporation. Responsible Department: Community and Economic Development The City of Bangor Me recently received a grant from the Walmart Economic Development program for the purpose of supporting economic development activities at the Bangor Enterprise Development Centex which includes the business incubator and foreign trade zone. The attached order authorizes the acceptance of such funds and appropriates the funds to Banlir Corporation which operates the Enterprise Center. Nao�p� City Nanagex Associated Information: p Finance Director Legal Approval: ?��"f City Solicitor ­XPassage _First Reading Page 1 of 2 Referral 93-11 Aedgnedb furcal« Heldecci, November 13. 1991 _ CITY OF BANGOR (DIIEJ (DrUr1—AGceyting a Qront from..Wnlmait Stares.. Inc. and _.. Auth q iz1 the_Appr.ppr.latlgB._0f.. the Grant H oabt to BaBAir .......... Corporation By tAe City CoanoB ofdw City of Bases,.' ORDERED, TUT WHEREAS, the City of Bangor was encouraged to submit an application to the Walmart Economic Development fund; and WHEREAS, walmart Stores Inc. has approved a grant of $10,000 payable in three annual installments; and WHEREAS, the proposed use of funds is for the support of economic development activities at the Bangor Enterprise Development Center at Bangor International Airport; and WHEREAS, BanAir Corporation operates the Bangor Enterprise Center, ROW, THEREFORE, BY THE CITY COUNCIL OF THE CITY OF BANGOR BE IT ORDERED THAT the City of Bangor hereby accepts the grant of $10,000 from the Walmart Economic Development Fund in support of the Enterprise Development Center at Bangor International Airport. BE IT FURTHER CUSSED THAT the grant foods received shall be transferred to the BeMir Corporation operator of the Enterprise Development Center. 92-11 ORDER IN CITY COUNCIL Title, November 13, 1991 Paeg£�1ceptlag a Grant from t ...and Authorizing Appropriation......g ... ............ Inc. of CIT CLERK the Grant Amount Co BanAir Corporation ................/.......... ...... ....... N - Assigned to ....�.�.'.'. U'.AR'Y^�....... ... ...... _, Councilman