HomeMy WebLinkAbout2006-11-27 07-027 RESOLVEItem No, 07 027
Date: 11-37-D�
nem/Subject: Resolve, Accepting and Appropriating MunicipallmrestmenlTmst Fund Grant
Funds from the State of Maine Departmen of Economic and
Community Development- Improvements m Q Harlow Street
Responsible Department: Community & Economic Development
The Municipal Invesbnent Trust Fund (MRF) provides communities with Ponds to help meet public
infrastructure and downtown Improvement needs. The Eastern Maine Development Comoradon
requested the City apply on its behalf for funds it would use to Improve its property at Q Harlow
Street. The funds would be used to establish an outdoor sculpture garden and public art space,
install lighting to improve safety and security, and landscaping to enhance the property's exterior
appearance and entrance to the University of Maine Museum Of Art. The City is an eligible appllcar t
and previously received the madmum grant amount of $500,000 which It used for waterfront
improvements. The Council authorized the application on behalf of EMDC by passage of Order W
311 on August 28, 2006. The Maine Department of Economic and Com m inity Development has
awaned the City $93,500 for the EMDC property improvements. EMDC will provide the required
$93,500 In matching funds. TTIs Resolve would accept and appropriate the gam funds awarded.
Department Head
Since these funs must be expended by the en of the calendar year an an award agreement
cannot be executed enrol the Councll has accepted and appropriated the funds, we would
request that the Council consider dispensing with the second heading of this item. This would
require a motion as dlsperee with second reading, a second, and a two-thirds vote of the
Coundl. If this is tion, the Council may then consider acting on the item. Q A� �
City Manager
Rnance DlrecNr
passage
Fiat Reading page—of—
_ Refarai
A99igned to Caunc yor Panningtaa
:i CITY OF BANGOR
07 027
November 2]. 2006
(TIRE.) Resolve, Accepting and Appropriating Municipal Investment Trust Fund Gant Funds from
the Sete of Maine Department of Economic and Community Development -
Improvemenfs at qo Harlow Street.
WHEREAS, on behalf of the Eastern Maine Development Corporation, by passage of Order
06 311 on August 28, 2006, the City Council authorized an application to the Maine
Department of Economic and Community Development for Municipal Investment
Trust Funds; and
WHEREAS, me City has been granted $43,500 in Municipal In Trust Funds to be used
by the Eas[em Maine Development Corporation for improvements to its property at
40 Harlow Street and
WHEREAS, the Eastern Maine Development Corporation i5 Drovidmg the required $43,500 In
matching funds; and
WHEREAS, me funds will be used N establish an outdoor sculpture garden and public art
space, install lighting to Improve safety and security, and landscaping to enhance
the property exterior appearance and enhance ro the University of Maine
Museum of Art
NOW, THEREFORE, BE 1T RESOLVED BY THE CITY COUNCIL OF THE CITY OF
BANGOR THAT gent
funds in the amount of $43,500 from the State of Maine Department of
Economic and Community Development are hereby accepted and appropriated for the purpose
of providing funds to [he Eastern Maine Development CPrporatian for improvements to its
property at 40 Harlow Street in Bangor.
IP CTTY WENCIL
Aov er 27, 2006
Firs[-Memlag -
Passed
Motim n e am Secm&d
^ Co Mold tba Secoad.. Aeadivg
Passed
Se Remlag
em
CITY ML
y 0]-02]
R S 0L VF
mmici e.�I. esa am ADorwria Gr
Mwicipal ivvescvevc ttvsr Pum craw
of Maive aloar[meax
ofP.couvuicFamfAry Develave
Aft
H,,I pse
-