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HomeMy WebLinkAboutRes 2023-04-1421 CDF- CDC Matching FundsCITY OF ANNA, TEXAS RESOLUTION NO. '2-6:t3 - o11-14 al A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS APPROVING AN ANNA COMMUNITY DEVELOPMENT CORPORATION PROJECT TO PROVIDE MATCHING FUNDS FOR A TEXAS COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM APPLICATION TO THE TEXAS DEPARTMENT OF AGRICULTURE FOR THE COMMUNITY DEVELOPMENT FUND WHEREAS, the Anna Community Development Corporation (the "CDC") has authorized the expenditure of $75,000 in connection with the City of Anna's application for a grant from the Texas Department of Agriculture Texas Community Development Block Grant Program, Community Development Fund, for street improvements (the "Project"); and WHEREAS, the City Council of the City of Anna, Texas (the "City Council") has reviewed the content of the Project; and WHEREAS, the City Council is in favor of the Project and has found and determined that the Project will promote new or expanded business development; and WHEREAS, the City Council adopts this resolution after two separate readings of same at a duly noticed public meeting on April 11, 2023; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, THAT: Section 1. Recitals Incorporated The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Approval of Project The City Council approves the Project and the CDC's expenditure of $75,000 in matching funds in support of the City of Anna's grant application for Community Development Block Grant Program, Community Development Fund, for street improvements. PASSED AND APPROVED by the City Council of the City of Anna, Texas this 11'h day of April 2023. LEGEND ry BENEFIT AREA APPROXIMATE PROJECT LIMITS 0, Scale: 1" = 200' RIGGINS ST CITY OF ANNA ' H"U 5430 LW Flee .suite 1500 Delta, T. 75240 PMne(214) 0]13311 F.(214)671-075 APRIL 2023 PROJECT NO: EXHIBIT