HomeMy WebLinkAbout02-99 RESOLUTION 02-99
.UTION ESTABLISHING A MATCHING GRANT PROGRAM TO ENCOURAGE
IN BUILDING FACADE IMPROVEMENTS AND PROVIDING FUNDS
FOR THE PROGRAM
Motion By: ZIESKA Second By: GUNDLACH
WHEREAS, the City Council of the City of Prior Lake, Minnesota has determined there is a need for a
program of incentives to encourage businesses in the Downtown area of the City to
renovate building facades; and
WHEREAS, the City Council has determined such a program is in the public interest and serves a
public purpose by encouraging the revitalization of the Downtown commercial area; and
WHEREAS, there are funds available to assist this program.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA
that:
1. The recitals set forth above are incorporated herein.
2. The matching grant program contained in the document entitled DOWNTOWN BUILDING FA(~ADE
RENOVATION that is attached to and made part of this resolution is hereby approved.
3. The funds for this program in an amount not to exceed $150,000 shall be drawn from the Tax
Increment Fund.
PASSED AND ADOPTED THIS 17th DAY OF JUNE, 2002.
YES NO
Haugen X Haugen
Gundlach X Gundlach
LeMair X LeMair
Petersen X Petersen
Zieska X Zieska
City Manager, City of Prior Lake
16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (952) 447-4230 / Fax (952) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER