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Resolution 11225CITY OF ALAMEDA RESOLUTION NO. 11225 AUTHORIZING EXECUTION OF A GRANT AGREEMENT WITH THE ALAMEDA MAIN STREET PROJECT, INC. FOR COMMERCIAL REVITALIZATION SERVICES FOR FISCAL YEAR 1987-88 WHEREAS, the City is a participant in the Community Development Block Grant Program (CDBG) authorized under the Housing and Community Development Act of 1074. as amended; and WHEREAS, the City's economic development policy calls for programs and activities to stimulate and revitalize the downtown and neighborhood commercial areas of the City; and &08DDAS. FY 1987-88 Urban Development Action Grant Loan Repayment funds in the amount of $42.746 have been allocated to the Alameda Main Street Project to provide professional staff support to the Greater Alameda Business Association, the Park Street Business Association and the West Alameda Business Association; and WHEREAS, FY 1088-87 CDBG funds in the amount of $3'150 have been carried forward for FY 1985-87 audit services; and WHEREAS, Urban Development Action Grant Loan Repayment funds in the amount of $58.000 have been allocated to the Greater Alumeda, Park Street and West Alameda business districts to carry out promotions and to obtain clerical services and support, liability insurance, education and training in support of commercial revitalization activities; and WHEREAS, the Alameda Main Street Project, Inc. exists to provide a wide range of activities leading to downtown and neighborhood commercial revitalization; 00#. T8BD8FVBE, BE IT RESOLVED by the Council of the City of Alameda that the City Manager be and hereby is authorized to aoeoute, and the City Clerk to uttont, on behalf of the City, a Grant Agreement with the Alameda Main Street Project, Inc. for fiscal year 1987-88. 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 7th of July, 1987, by the following vote to wit: AYES: Councilmembers Camicia, Haugner, Monsef, Thomas and President Corica - 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 July, 1987. City erk of the City of Alameda