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Resolution 11539CITY OF ALAMEDA RESOLUTION NO. 11539 AUTHORIZING EXECUTION OF A GRANT AGREEMENT WITH THE ALAMEDA MAIN STREET PROJECT, INC. FOR COMMERCIAL REVITALIZATION SERVICES FOR FISCAL YEAR 1988-89 WHEREAS, the City is a participant in the Community Development Block Grant Program (CDBG) authorized under the Housing and Community Development Act of 1974, 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 WHEREAS, FY 1988-89 Urban Development Action Grant Loan Repayment funds in the amount of $42,746 have been allocated to the Alameda Main Street Project to carry out the four-point program of the Main Street Project; and WHEREAS, Urban Development Action Grant Loan Repayment funds in the amount of $59,900 have been allocated to the Greater Alameda, Park Street and West Alameda business districts to carry out promotions and to obtain professional and clerical services, 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 14 revitalization; NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that the Interim City Manager be and hereby is authorized to execute, and the City Clerk to attest, on behalf of the City, a Grant Agreement with the Alameda Main Street Project, Inc. for Fiscal Year 1988-89, ci 2 \I ****** CL CL 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 16th of August, 1988, by the following vote to wit: AYES: Councilmembers Camicia, Monsef, Thomas and President Corica - 4. NOES: None. ABSENT: None. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 17th day of August, 1988.