96-09 R - TCDP Grant CITY OF PROSPER, TEXAS
RESOLUTION NO. 9 6-0 9
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PROSPER AUTHORIZING
THE SUBMISSION OF AN APPLICATION FOR GRANT ASSISTANCE UNDER THE 1996
TEXAS COMMUNITY DEVELOPMENT PROGRAM (TCDP), AUTHORIZING A LOCAL
MATCH, AND DESIGNATING THE MAYOR TO ACT AS THE CITY'S REPRESENTATIVE
IN ALL MATTERS PERTAINING TO THE CITY'S PARTICIPATION IN THE TEXAS
COMMUNITY DEVELOPMENT PROGRAM.
Whereas, the City Council of the City of Prosper desires to develop a viable community,
including decent housing, a suitable living environment and expanding economic opportunities,
principally for persons of low to moderate income; and
niWhereas, certain conditions exist in the city which represent a threat to the public health, safety,
or welfare; and
Whereas, funds are available through the 1996 Texas Community Development Program
(TCDP)to alleviate such conditions and to meet community development objectives.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PROSPER, TEXAS:
(1) That a 1996 Texas Community Development Program (TCDP) grant application is hereby
authorized to be filed with the Texas Department of Housing & Community Affairs (TDHCA)
for grant funds in the amount of$250,000 under the Community Development fund for the
following described project:
Sewer System Improvements for the City of Prosper.
(2) That the following local resource commitment is hereby authorized to be included as part of
the application:
The City of Prosper commits to support the project described above with a local
contribution of$50,000, which is well in excess of the local match required by the rules
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of the TCDP Program.
(3) That the Mayor is hereby authorized to act as the city's representative in all matters in
connection with the application and the city's participation in the 1996 Texas Community
Development Program and to execute documents in conjunction with the application.
RESOLVED this day the 12th of March, 1996.
ATTEST: APPROV
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City Secret Mayyor
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