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CITY OF BATESVILLE <br /> RESOLUTION NUMBER <br /> WHEREAS, the Department of Housing and Urban Development is <br /> authorized to make Urban Development Action Grants to small cities <br /> under Section 119 of the Housing and Community Development Act of <br /> 1974, as amended; and <br /> WHEREAS, the City Council of Batesville, Arkansas authorized <br /> the Mayor by Resolution Number 84-5-5, to file for an application <br /> with the Department of Housing and Urban Development and to represent <br /> the City in all matters related to the Urban Development Action Grant <br /> program; and <br /> WHEREAS, the City has established economic development goals <br /> which are addressed by an industrial plant expansion project, and <br /> that said project would not go forward but for the assistance provided <br /> • through the Urban Development Action Grant program. <br /> WHEREAS, Resolution Number 84-5-5 restricted the Urban Development <br /> Action Grant in the amount no greater than two million dollars ; <br /> THEREFORE, BE IT RESOLVED, by the City Council of Batesville, <br /> Arkansas , to increase the amount of Urban Development Action Grant <br /> assistance requested with no restriction; <br /> THEREFORE, BE IT REAFFIRMED, by the City Council of Batesville, <br /> Arkansas, that the Mayor is authorized to file an Urban Development <br /> Action Grant for an industrial plant expansion, on behalf of Banquet <br /> Foods Corporation, and to represent the City in all matters pertaining <br /> to the Urban Development Action Grant program. <br /> BE IT FURTHER RESOLVED, that upon favorable action of the Urban <br /> Development Action Grant application, the City of Batesville will <br /> proceed to administer the grant and to implement the provisions of <br /> the grant by fulfilling the requirements of the U. S. Department of <br /> Housing and Urban Development in respect thereto, and to gain benefits <br /> of this project for the City of Batesvjlle. <br /> Jim S irre 1 , Mayor <br /> / - / Z - �5/ <br />