Title
Resolution Authorizing a Planning Grant Application to the Washington State Department of Commerce's Community Economic Development Revitalization Board (CERB)
Issue:
Whether to authorize grant application.
Committee Recommendation:
Not referred to a committee.
City Manager's Recommendation:
Move to authorize staff to submit an application to the Department of Commerce Community Economic Revitalization Board for a planning grant in the amount of $25,000.
Staff Contact:
Keith Stahley, Community Planning and Development Director, 360.753.8227
Presenter(s):
None (Consent Calendar Item)
Background and Analysis:
The State Department of Commerce's Community and Economic Revitalization Board has $5,000,000 in grant funds to allocate for various economic development projects. One of the project categories is Planning Grants. The City's proposed Community Renewal Area is a planning and economic development process. City Council has set aside $80,000 for this project. A CERB Planning Grant in the amount of $25,000 would provide for expanding the scope of the consultant work to include additional site design and project feasibility work in association with the development of the Community Renewal Area Plan. The CERB meets on July 19, 2012, to consider grant applications.
Neighborhood/Community Interests (if known):
None known.
Options:
1. Authorize resolution and pursue grant opportunity.
2. Do not authorize resolution and do not pursue grant opportunity.
Financial Impact:
$25,000 Grant Funds
$80,000 City General Fund
$20,000 in-kind staff support
$125,000 Total Project