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HomeMy WebLinkAbout36-88 - Res. Authorization to Submit Development Loan Fund - Olympic IndustriesRESOLUTION NO. 36-88 A RESOLUTION AUTHORIZING SUBMISSION OF AN APPLICATION TO THE STATE OF WASHINGTON FOR A DEVELOPMENT LOAN FUND PROJECT (DLF) ON BEHALF OF OLYMPIC INDUSTRIES. WHEREAS, DLF funds are available to support economic development projects which are ready to implement and for which jobs created or retained will be made available to lower —income persons; and WHEREAS, the Olympic Industries Development Loan Fund Project represents a substantial commitment of private resources towards enhancing the vitality of the area and expanding the Mason County tax base and employment opportunities; and WHEREAS, it is necessary that certain conditions be met as part of the application requirements; and WHEREAS, Mason County will provide citizens with reasonable notice of, and an opportunity to comment on, any substantive change proposed from one eligible activity to another; and WHEREAS, Mason County shall agree to comply with all applicable federal and state regulations int eh event that this application is selected for funding, including federal and state regulations in regard to the environmental impact of the project; and WHEREAS, Mason County will provide opportunities for citizen participation comparable to the state's requirements, and has complied with all applicable public meeting requirements; and WHEREAS, Mason County will conduct and administer its programs in conformance with Title VI and Title VIII of the Civil Rights Act of 1964, and affirmatively further fair housing; and WHEREAS, Mason County Development Loan Fund Project will not result in the displacement of persons, or use of CDBG funds for public improvements; and NOW, THEREFORE BE IT RESOLVED by the Board of Mason County Commissioners that the Chairperson be authorized to submit an application to the state of Washington on behalf of Mason County in the amount of $120,000.00 to assist with the Olympic Industries Development Loan Fund Project; and BE IT FURTHER RESOLVED, that the Board of Mason County Commissioners is hereby authorized to provide such additional information as may be necessary to secure approval of this grant application; and BE IT FURTHER RESOLVED, that the Chairperson is authorized to enter into an agreement with the state of Washington for the Olympic Industries Development Loan Fund Project upon review and approval of the grant documents by the Prosecutor ADOPTED this 10th day of May, 1988_ ATTEST: dew Clerk of the Board APPROVED AS TO FORM: Ch- • IP 400Armissioner BO RD OF COUNT OM �JSS I ONERS MASON COUNTY, HI TO person Gibsonfai ages 1 Commissioner McGee