Loading...
HomeMy WebLinkAbout1990-03-01 ORDINANCE NO. 90-3-1 ORDINANCE BEFORE THE CITY COUNCIL OF THE CITY OF BATESVILLE AN ORDINANCE ESTABLISHING THE BATESVILLE ECONOMIC DEVELOPEMENT GRANT PROGRAM AND FOR OTHER PURPOSES WHEREAS, the Seventy Seventh General Assembly has passed Act 405 authorizing cities to establish an economic development grant program, and; WHEREAS , the City is desirous of providing financial support through a City Economic Development Grant Program to organizations qualified to carry out economic development , now; BE IT THEREFORE ORDAINED , that the following procedures , rules and regulations shall govern the application for and awards of Economic Development Grants from the general funds of the City of Batesville, to wit : 1 . GOALS AND OBJECTIVES OF THE CITY. The objective of the Batesville Economic Development Grant Program is to award grants to non-profit corporations to encourage the location, relocation, creation or development of environmentally safe business , industry, manufacturing facilities , transportation facilities or other economic units which create jobs , employ people or generally promote economic activity . 2 . APPLICATIONS. The Mayor of the City of Batesville is authorized to promulgate standard forms that will be used by applicants applying for Batesville Economic Development Grants . The applications will be available at City Hall during normal business hours . All applications for Economic Development Grants must contain the following information to be considered by the City : ( a ) Applicants will demonstrate five ( 5 ) years of experience in Economic Development . (b) Applicants will attach documentation showing the non- profit status of the organization . ( c ) Applicants must briefly outline the organization ' s history of economic development . ( d ) The applicant must be able to demonstrate the legal authority and ability to perform activity described in the application and the legal authority to apply for and receive the Economic Development Grant . ( e ) Applications will clearly set out the goals and objectives of the organization and the particular purposes of the Economic Development Grant . The application must also clearly state how these goals and objectives fit within the goals and © objectives of the Batesville Economic Developement Grant Program. 3 . PROCESSING OF APPLICATIONS. Only applications submitted by qualified not for profit organizations will be considered . To be eligible , the applicant must demonstrate five (5) years of experience in economic development , not for profit status , and the legal authority to apply for and accept the grant . Applications must be received at the Mayor ' s Office of the City of Batesville no later than November 1st for grants to be awarded in the following calender year . The application will be considered properly tendered if received in a timely manner and all the forms approved and furnished by the City of Batesville . 4 . AWARDS PROCESS . The Mayor shall collect all ® applications for Batesville Economic Development Grants and submit them to the Batesville City Council for review . The City Council , along with the Mayor, will review all applications and rank the applications in descending order . The Mayor and City Council will consider which applications will best fulfill the economic goals and objectives of the Economic Development Grant Program. The Mayor and City Council shall then award the Economic Development Grant , or Grants , to the applicants based upon their rank order on the list of grant applications described above . The grant or grants may be awarded until all funds appropriated by the City Council for the next calender year have been expended . No grants will be awarded in excess of the amount budgeted by the City Council for the Economic Development Grant ® Program in any particular calender year . 5 . ADMINISTRATION OF THE GRANT PROGRAM. The Mayor of the City of Batesville will administer the Grant Program authorized under this Ordinance . The Mayor shall take all actions reasonably necessary to insure that the funds are used for the purposes for which the Grant is to be awarded . Organizations receiving Economic Development Grants shall file quarterly reports with the Mayor of the City of Batesville . Said reports shall explain the exact amount of expenditures of all Grant funds , the purposes for which the grant was awarded and expended, the economic development goals and objectives that were accomplished in that particular quarter , and demonstrate that all expenditures were reasonably necessary to accomplish the economic development task of the grant and the economic development goals and objectives of the City of Batesville . All such quarterly reports filed shall be furnished to the City Council for their review. Each quarterly report shall be filed with the Mayor of the City of Batesville no later than the close of business on the Monday preceding the first regular meeting of the City Council in the month following the close of that particular calender quarter . The final quarterly report , or annual report shall be filed with the office of the Mayor within thirty (30) days after the end of the calender year . The City Council may request the attendance of a representative of the organization to explain or elaborate on the quarterly reports and annual report filed under this ordinance . ® 6 . NON COMPLIANCE . If any applicant or organization awarded a grant under this ordinance fails or refuses to comply with the terms and conditions of this ordinance and the conditions , if there be such, of a particular grant , then that organization may not receive any future disbursements under a particular grant already awarded , and may lose the right to receive future Economic Development Grants . 7 . EMERGENCY CLAUSE. It is hereby found and determined by the City of Batesville that economic development efforts are essential to the welfare of the citizens of Batesville , that there are current pressing economical development needs within the City of Batesville and an immediate need to develop jobs for the citizens of Batesville . An emergency is hereby declared to exist and this act being necessary for the immediate preservation of the public peace , health, and safety shall be in full force and effect from and after its passage and approval . r I SHIRRELL, •MAYOR • • . • • ATTEST: LARRY WILLIAMS CITY CLERK