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0938RESOLUTION N0. RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, AUTHORIZING FILING OF AN APPLICATION TO THE STATE OF ARKANSAS FOR AN ARKANSAS COMMUNITY AND ECONOMIC DEVELOPMENT GRANT, AND FOR OTHER PURPOSES. WHEREAS, the City of West Memphis, Arkansas has previously submitted an Application for a multi-year funding commitment for approval from the Department of Housing 8 Urban Development for such multi-year funding; and WHEREAS it is timely for the City to make adjustments to its existing program and submit its Application for Funding of the Third incremental year of the Program as now administered by the Arkansas Industrial Development Commission; and WHEREAS the City of West Memphis is applying to the State of Arkansas for an Arkansas Community and Economic Development Grant; and WHEREAS it is necessary that certain conditions be met as part of the Application requirement; and WHEREAS the City of West Memphis has conducted at least one public hearing as part of the Application and amendment process to receive and consider citizen comments on community needs and proposed activities. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS: 1. That the Application for ACEDP assistance requesting a program grant in the amount of $540,500, as described on the Application forms dated August 4, 1983, are hereby approved. 2. That the local amendment pertaining to the First and Second Year Programs that are associated with the continued assistance under the ACEDP Program as described in a document dated August 4, 1983, are hereby approved. 3. That Leo Chitman, the Mayor, is authorized to submit this Application to the State of Arkansas on behalf of the City of West Memphis to undertake this project. 4. That this resolution shall take effect immediately. r,`~ .~, DATE PASSED : ~ ~ ~ ~ / ~ y ,...,.. \ ,~ -- or ~ ATTEST: 'ty erk ,., ~,~f N ~~..~w'" ~~ ,~,~;:.; ~.