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84-01 R - Authorizing Community Development Block Grant RESOLUTION NO. 84-1 AUTHORIZING APPLICATION FOR A COMMUNITY DEVELOPMENT BLOCK GRANT- ECOMONIC DEVELOPMENT AND SUPPORTING SUCH APPLICATION WHEARAS , the City of Prosper, Texas has identified needs related to economic rejuvenation, permanent employment, community improvement , and community planning that will directly benefit low and moderate in- come citizens, and; WHEREAS, the City of Prosper, through a public-private sector partnership will improve the quality of life of low and moderate income persons by providing jobs, and; WHEREAS, the creation of the proposed activities are contingent upon the City of Prosper 's ability to assist with these activities , and ; -110 WHEREAS , the Texas Department of Community Affairs-Community Develop- ment Development Block Grant , Economic Development Project Fund, is to assist communities with economic development in the State of Texas, and; WHEREAS, the Texas Department of Community Affairs-Texas Community Development Program Planning Grants are to assist communities with planning activities. NOW THEREFORE, be it resolved as follows: 1. The City of Prosper, Texas apply for a Community Development Block Grant-Economic Development under the terms and conditions of the State of Texas and shall enter into and agree to the understand- ings and assurances contained in said application. 41i 2. The City of Prosper, Texas apply for a Community Development Block Grant-Planning under the terms and conditions of the State of Texas and shall enter into and agree to the understandings and assurances contained in said activity. 3 . The City of Prosper, Texas supports the proposed activity described above. Passed this �c day of Februar , 984. ATTEST: yor • Ci y Secre ry