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HomeMy WebLinkAboutResolution No. R18-65, TECHNICAL ASSISTANCE GRANT PROGRAM TO IMPROVE PROPERTIES LOCATED OF rINCREMENT WHEREAS, the City of Laurel approved created a Technical Assistance Grant Request Program as proposed by the Laurel Urban Renewal Agency (LURA); and WHEREAS, Property Owner, David Atkins, submitted the attached LURA Grant Request Program Application for the Properties owned and located within the Tax Increment Improvement District; WHEREAS, the LURA Board reviewed the applications and recommended approval for the funding requested at their meeting held on August 20, 2018; WHEREAS, the application appears complete, the project is eligible for grant assistance and LURA recommends funding of the same; and WHEREAS, total grant amounts that exceed $5000 must be approved by the City Council pursuant to the Grant Program Regulations; and WHEREAS, the property owner received previous grants and his total grant award will exceed $5000, requiring City Council approval pursuant to the Grant Program Regulations; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Laurel, Montana, that David Atkins is awarded an additional grant of $4000 from the City's Tax Increment Financing District Fund for technical assistance, for his properties located within the City's Tax Increment Financing District; and BE IT FURTHER RESOLVED, the Mayor, CAO, and City Clerk Treasurer are authorized to utilize the appropriately designated accounts to pay the grant upon submission of the required documentation from the Property Owners. Introduced at a regular meeting of the City Council on September 4, 2018, by Council Member Herr. PASSED and APPROVED by the City Council of the City of Laurel this 4th day of September, 2018 APPROVED by the Mayor this 4th day of September 2018. CITY OF LAUREL R18-65 LURA Grant Funding—David Atkins Technical Assistance Grant Thomas C. Nelson, Mayor T• Betha an ve erk-Treasurer, Clerk -Treasurer Approved as to rm: __,,' j Sam Painter, Civil City Attorney RI 8-65 LURA Grant Funding —David Atkins Technical Assistance Grant The City mfLaurel Laurel Urban Renewal Agency P.O'Box 1D 115 West First Street Laurel, MT59O44 TO: Laurel City Council FROM: Laurel Urban Renewal Agency SUBJECT: DavidAtkins-TechnicalAssistanceGrantRecnmnmeodadon August 24, 2018 David Atkins applied for technical assistance to create development plans for two new downtown apartments and two to three commercial spaces. The LURA committee met with the owner of the property at the August 20, 2018 meeting, and it was recommended that he be awarded $4,000.00 for the development plans that were created for his improvements. Mr. Atkins has receive previous LURA grants so the City Council must approve the LURA recornnedaton. Mr. Atkins must share the plans and specifications thatvveredravvnupforhis improvements prior to receiving any funds should the City Council affirms our recommendation. Mr. Atkins application is attached to this letter of recommendation. Committee Chairman