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HomeMy WebLinkAboutPR 20316: EDC, ECONOMIC REVITALIZATION PROGRAM UNDER THE COMMUNITY DEVELOPMENT BLOCK GRANT-DISASTER RECOVERY PROGRAMS Interoffice MEMORANDUM To: Mayor, City Council, Ci Manager From: Floyd Batiste, CEO Date: June 11, 2018 Subject: P.R. No. 20316; Council Meeting of lune 19, 2018 ATTACHED IS PROPOSED RESOLUTION NO. 20316 AUTHORIZING THE CITY OF PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION TO SUBMIT A RESPONSE TO THE TEXAS GENERAL LAND OFFICE'S REQUEST FOR PROPOSALS FOR IMPLEMENTATION OF AN ECONOMIC REVITALIZATION PROGRAM UNDER THE COMMUNITY DEVELOPMENT BLOCK GRANT—DISASTER RECOVERY PROGRAMS P. R.No.20316 6/12/2018 FB RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY OF PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION TO SUBMIT A RESPONSE TO THE TEXAS GENERAL LAND OFFICE'S REQUEST FOR PROPOSALS FOR IMPLEMENTATION OF AN ECONOMIC REVITALIZATION PROGRAM UNDER THE COMMUNITY DEVELOPMENT BLOCK GRANT — DISASTER RECOVERY PROGRAMS WHEREAS, the City of Port Arthur Section 4A Economic Development Corporation ("PAEDC") is a non-profit organization whose mission is to foster community revitalization; and WHEREAS, to help facilitate its goals, PAEDC requests to submit a response to the Texas General Land Office's (GLO) request for proposals for implementation of an Economic Revitalization Program under the Community Development Block Grant — Disaster Recovery Programs; and WHEREAS, PAEDC will use the grant funds to assist small businesses that experience a loss directly relating to Hurricane/Tropical Storm Harvey within the City of Port Arthur; and WHEREAS, the Port Arthur Economic Business Recovery Loan Program will offer small businesses "zero-interest, deferred loans" to help cover documentable fixed operating expenses, working capital, furniture, fixtures, façade repairs and/or renovation and equipment. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR, TEXAS: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That PAEDC is herein authorized to submit an application for grant funding to the Texas General Land Office's request for proposal for implementation of an Economic Revitalization Program for Community Development Block Grant — Disaster Recovery Programs. Section 3. That the PAEDC Chief Executive Officer, Floyd Batiste, is herein authorized to legally bind the PAEDC to any contract that may result from this solicitation through his authorized signature. Section 4. That a copy of the caption of this Resolution shall be spread upon the Minutes of the City Council. READ, ADOPTED AND APPROVED on this day of A.D., 2018, at a Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: Mayor Councilmembers • NOES: Derrick Freeman, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED: Floyd Batis , PAEDC CEO APPROVED AS TO FORM: Guy N. Goodson, PAEDC Attorney APPROVED AS TO FORM: Valecia R. Tizeno, City Attorney