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R93-197RESOLUTION NO. R93- /~7 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, SUPPORTING A GRANT APPLICATION FOR CENTRAL BUSINESS DISTRICT INFRASTRUCTURE FUNDS TO THE ECONOMIC DEVELOPMENT ADMINISTRATION (EDA), AND ~EDICATINGMATCHING FUNDS FROM TAX INCREMENT FINANCING; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, there is a need for development assistance to visitors to the downtown area; ~n the Boynton Beach downtown area bring facilities for residents and and WHEREAS, the City of Boyn assistance for development of' NOW, THEREFORE, BE IT R~Sf CITY OF BOYNTON BEACH, FLORIDA Section 1. The City C Beach, Florida does hereby au Coordinator to submit a grant Development Administration (EDA of the d~wntown area, and to au to execute any necessary grant submittal. Section 2. Beach, Florida does tax increment funds The City C hereby dedJ earned for Section 3. upon passage. This Resol Beach wishes to pursue federal downtown area of the City; LVED BY THE CITY COMMISSION OF THE THAT: ommission of the City of Boynton thorize the Downtown Development request to the Florida Economic ) for assistance in the development ~horize appropriate city officials documents as may be required for Dmmission of the City of Boynton cate required matching funds from said grant. tion shall take effect immediately PASSED AND ADOPTED this /3 day of December, 1993. CITY OF BOYNTON BEACH, FLORIDA / A~L.~TTEST: , Authsig. WP5 D/Town. Dev. Grant/App 12/13/93 Co~amissione: