Title
Acceptance of the Gulf Tourism and Seafood Promotional Fund Grant
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
Accept the Gulf Tourism and Seafood Promotional Fund grant for $317,500 for construction costs for the proposed Farmers Market.
SOURCE OF FUNDING:
Please provide the amount requested: ____________
Is this a budgeted item? Yes/No
Please provide the budgeted amount: $_____________ Account No. ___________________________
If budgeted, is this a capital purchase, capital project, or special fund? _________________________
Was this item included in the Fiscal Year Capital Projects Plan? Yes/No
If yes, please provide the amount included in Capital Projects Plan: $___________
Body
WHEREAS, Resolution 13-0018 approved the application to the Gulf Tourism and Seafood Promotional Fund to for construction costs for the proposed farmers market, and
WHEREAS, the City has been awarded the grant for $317,500.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Accepts the Gulf Tourism and Seafood Promotional Fund grant in the amount of $317,500 to provide funding towards the construction costs for the proposed farmers market.
SECTION 2: A grant manager will be appointed at a later date.
SECTION 3: Amends the budget accordingly and approves the expenditure of grant funds under Grant Revenue Account No. 12-5814 Q86 GRANT and Expense Account No. 12-665-7309 Q86 CONST.
SECTION 4: This Resolution shall become effective immediately upon its adoption as required by law.