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HomeMy WebLinkAbout04/06/2010 10 North 1st Street Corridor Revitalization Project SIED Fund Grant Application BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. For Meeting of: April 6, 2010 ITEM TITLE: Consideration of a resolution authorizing the City Manager to execute and submit a planning grant application to the Yakima County Supporting Investments in Economic Diversification (SIED) fund in the amount of $25,000.00 for the North 1 Street Corridor. Revitalization Project. SUBMITTED BY: Michael Morales, Dept. of Community and Economic Development CONTACT: Michael Morales, 575 -3533 SUMMARY EXPLANATION: The Yakima County SIED fund provides 100% grants for planning activities related to capital improvement projects that create economic development activity. The Department of Community and Economic Development requests authorization to submit a $25,000 planning grant application for the following activities: • Community mobilization and visioning process to determine options for infrastructure and public facilities related to the North 1 Street Corridor Revitalization Project. • Develop illustrations and cost estimates for recommended improvements. Resolution X Ordinance Contract Other: Funding Source: Yakima County SIED Fund Approval for Submittal: City agar STAFF RECOMMENDATION: Staff recommends approval of the resolution. BOARD RECOMMENDATION: COUNCIL ACTION: 1 • RESOLUTION NO. R-2010- A RESOLUTION authorizing the City Manager to execute and submit a planning grant application and related documents in the amount of $25,000 to the Yakima County Supporting Investments in Economic Diversification fund for transportation and public facilities planning related to the North 1s Street Corridor Revitalization Project. WHEREAS, Yakima County has established. the Supporting Investments in Economic Diversification (SIED) fund to assist the growth of•business in the County; and WHEREAS, economic development is a priority for the City of Yakima, and the City intends to approach economic development on an inclusive, comprehensive basis which involves public, private and community -based efforts to achieve new investment and . redevelopment in the City; and WHEREAS, regional cooperation is an important part of our economic development efforts; and WHEREAS, the North 1st Street Corridor Revitalization Project is a high priority economic development initiative of the City Council; and WHEREAS, the Yakima City Council, the Greater Yakima Chamber of Commerce and the business and property owners of the North 1s Street Corridor have determined that streetscape and infrastructure improvements are necessary for future economic development activities in the area; and WHEREAS, analysis of options for the location of infrastructure and public facilities within the redevelopment area will be a necessary component of the overall planning process; and WHEREAS, funding (through a grant) may be available from Yakima County through the SIED Fund for planning activities related to the project's development; and WHEREAS, the City Council deems it to be in the best interest of the City of Yakima to authorize submittal of a grant application with Yakima County for funding of said planning activities from the SIED Fund, now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: The City Manager is authorized to execute and submit a planning grant application and related documents in the amount of . $25,000 to the Yakima County Supporting Investments in Economic Diversification fund for transportation and public facilities planning related to the North 1st Street Corridor Revitalization Project. The Yakima City Manager is hereby designated as the official representative of the City to act in connection with that funding application and is authorized to take such additional actions as may be necessary and prudent to complete the project. ADOPTED BY THE CITY COUNCIL this 6 day of April, 2010. ATTEST: Micah Cawley, Mayor City Clerk