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Resolution 11024CITY OF ALAMEDA RESOLUTION NO. 11024 AUTHORIZING REPROGRAMMING OF UDAG LOAN REPAYMENT FUNDS AND AUTHORIZING EXECUTION OF AMENDMENTS TO AFFECTED GRANT AGREEMENT WHEREAS, the City of Alameda's FY 1986-87 Use of Urban Development Action Grant Loan Repayment funds includes an allocation of $8,700 for Webster Street Banners; and WHEREAS, the West Alameda Business Association has requested that said funds be reallocated for promotional activities in the Webster Street area; and WHEREAS, the Alameda Main Street Project has demonstrated capability to assist the West Alameda Business Association in the organization and administration of said promotional activities; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Alameda that the reprogramming of $8,700 in FY 1986-87 UDAG Loan Repayment funds from Webster Street Banners to Webster Street Promotional Activities is hereby authorized; and BE IT FURTHER RESOLVED that the City Manager is hereby authorized to execute an Amendment to the Grant Agreement with the Alameda Main Street Project to include the administration of said funds for Webster Street Promotional Activities. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in regular meeting assembled on the 7 of October, 1986, by the following vote to wit: AYES: Counctlmembers: Corica, Fianna, Lucas, Monsef and President Diament - 5. NOES: None. ABSENT: None. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 8th_ day of October, 1986. 4 Lg t _p City Cle of the City of Alameda