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2061 RESOLUTION# 4e,‘ I A RESOLUTION APPROVING THE TRANSFER OF OF THE DELTA REGIONAL AUTHORITY GRANT NUMBER AR-10170 (DELTA CUISINE KITCHEN INCUBATOR PROJECT)TO THE MID-SOUTH COMMUNITY COLLEGE WHEREAS,the City Council of the City of West Memphis is authorizing the transfer of the Delta Regional Authority Grant#AR-10170 to the Mid-South Community College, WHEREAS,the Delta Cuisine Incubator Project Grant will be used for construction and related costs of the facility that will house the Delta Cuisine Incubator Project and will be located on the campus of the Mid-South Community College; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, THAT: The transfer by the City of West Memphis of the Delta Regional Authority Grant#AR- 10170 to the Mid-South Community College for the purpose of funding the Delta Cuisine Incubator Project is hereby approved. The Mayor and City Clerk are hereby authorized and directed to execute the appropriate instruments to transfer this grant from the City of West Memphis to the Mid-South Community College and to take any and all actions necessary to accomplish said transfer. Adopted this 'b day of 30l eRe, , 2014. RECEIVED -- City Clerk's Office William H. Johnson, Mayor Date/Time 9-i5-/t 9.10 4146 By Delta Regional Authority Grant Number AR-10170 Summary • Delta Regional Authority (DRA) has awarded a construction and renovation grant to West Memphis and Delta Cuisine Southern Kitchen Incubator in the amount or$400,000. • Mid South Community College has agreed to provide kitchen facilities and related space in the new hospitality facility under construction on the North Campus. • MSCC and Delta Cuisine have a Memorandum of Agreement in place for a 20 year lease to utilize the facility for the purpose of economic development focused on food business start-ups and expansion. • The East Arkansas Planning and Development District (EAPDD) has been selected as grant administrator and will coordinate with DRA. • DRA has agreed in principle with the transfer of the grant to MSCC for construction related expenses with proper documentation from the City.