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HomeMy WebLinkAboutResolutions - 1987.11.05 - 18041October 22, 1987 Miscellaneous Resolution 4 87284 BY: PUBLIC SERVICES COMMITTEE - Richard D. Kuhn, Chairperson IN RE: COMMUNITY AND ECONOMIC DEVELOPMENT DEPARTMENT - CHALLENGE GRANT PROGRAM FOR UDAG ELIGIBLE COMMUNITIES TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS, the County of Oakland recognizes that its economic vitality is dependent on the vitality of all of its constituent units of government; and WHEREAS, certain local communities within Oakland County have not fully participated in the unprecedented economic growth the County has achieved in the last four years; and WHEREAS, local units of government are in the best position to assess their individual economic problems and solutions; and WHEREAS, the County's Economic Development Division has consistently helped local communities to increase their economic development capabilities; and WHEREAS, the U.S. Department of Housing and Urban Development utilizes specific and standard criteria to identify communities which are in "distress" and therefore eligible to apply for Urban Development Action Grants (UDAG); and WHEREAS, the Oakland County Economic Development Corporation has authority under P.A. 338 of 1974 as amended to appropriate funds for "economic development public purposes" to entities including local units of government; and WHEREAS, it would be in the best interest of the County of Oakland that all communities in the County participate equally in countywide economic growth and new employment opportunities; and WHEREAS, the County Executive through its Department of Community and Economic Development recommends that an Economic Development Challenge Grant Program for UDAG eligible communities in the amount of $250,000 would be an effective method to provide seed funds to leverage local community resources for economic development purposes. NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners approve an Economic Development Challenge Grant Program designed to stimulate local economic growth and new employment opportunities in UDAG eligible commun- ities in Oakland County; and MurOi Y APPROVE THE FOREGOING RESOLUTION I HE IWO 11 (/' BE IT FURTHER RESOLVED that the Board of Commissioners designates the Oakland County Economic Development Corporation to operate in accordance herewith the aforesaid Economic Development Challenge Grant Program including the develop- ment of specific procedures regarding project eligibility, application, submission, review, grant award, monitoring and fund recapture, if appropriate. BE IT FURTHER RESOLVED that the Economic Development Corporation report regularly to the Public Services Committee on progress and performance of the aforesaid Economic Development Challenge Grant Program and obtain consent of the grant award by the Public Services Committee. Mr. Chairperson, on behalf of the Public Services Committee, I move the adoption of the foregoing resolution. °9 Richard D. 'Kuhn,' Jr.,4irperson 4 ,(;(7 FINANCE COMMITTEE FISCAL NOTE BY: FINANCE COMMITTEE, DR. G. WILLIAM CADDEIL, CHAIRPERSON IN RE: COMMUNITY AND ECONOMIC DEVELOPMENT DEPARTMENT - CHALLENGE GRANT PROGRAM FOR UDAG ELIGIBLE COMMUNITIES MISCELLANEOUS RESOLUTION #87284 TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: Pursuant to Rule XI-G of this Board, the Finance Committee has reviewed Miscellaneous Resolution #87284 and finds: 1) The Oakland County Economic Development Corporation has authority under P.A. 338 of 1974 as amended to appropriate funds for "economic development public purposes" to entities including local units of government, 2) The Department of Community and Economic Development recommends that an Economic Development Challenge Grant Program be funded in the amount of $250,000 for the purpose of economically developing UDAG eligible communities, 3) it is requested that the Board of Commissioners approve the aforesaid program, designating the Oakland County Economic Development Corporation to operate in accordance with the program in regards to eligibility, application, submission, review, grant award, monitoring and fund recapture, if appropriate, 4) The Economic Development Corporation is. to report on a regular basis to Public Services Committee on the progress and performance of the program, obtaining the consent of the committee prior to any grant award for the program, 5) The grant program has been reviewed and approved as to form by Corporation Counsel, 6) Funds are available from the 1986 Undesignated Year End Surplus; transfers are recommended as follows: 3-10100-909-01-00-9901 Prior Year Balance $250,000 4-10100-119-01-00-3381 Grant Program 250,000 $ -0- 5th day of ovember 9 87 ALLEN RESOLUTION # 87284 November 5, 1987 Moved by Richard Kuhn supported by Luxon the resolution, with a positive Fiscal Note attached, be adopted. AYES: Gosling, Hobart, Jensen, R. Kuhn, S. Kuhn, Lanni, Law, Luxon, McConnell, McDonald, A. McPherson, R. McPherson, Moffitt, Page, Price, Rewold, Rowland, Skarritt, Wilcox, Aaron, Calandra, Crake, Doyon. (23) NAYS: None. (0) A sufficient majority having voted therefor, the resolution, with a positive Fiscal Note attached, was adopted. STATE OF MICHIGAN) COUNTY OF OAKLAND) I, Lynn D. Allen, Clerk of the County of Oakland and 'having a seal, do hereby certify that I have compared the annexed copy of this Miscellaneous Resolution adopted by the Oakland County Board of Commissioners at their meeting held on November 5, 1987 with the orginial record thereof now remaining in my office, and that it is a true and correct transcript therefrom, and of the whole thereof. In Testimony Whereof, 1 have hereunto set my hand and affixed the seal of said County at Pontiac, Michigan County Clerk/Register Of Deeds this