HomeMy WebLinkAboutResolution 2009-001RESOLUTION NO. 2009-001
WHEREAS, the City Council desires to establish a program whereby economic
development agreements for grants of up to $15,000 would be authorized for
businesses along SH 26, Rufe Snow and Davis Boulevards south of Mid-Cities for the
removal of pole signs, facade and parking improvements and construction of monument
signs; NOW THEREFORE;
IT IS HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF NORTH
RICHLAND HILLS, TEXAS:
SECTION 1: As authorized by Chapter 380, Texas Local Government Code a Business
Improvement and Growth (BIG) program is hereby established under which City will, in
order to promote local economic development and stimulate business and commercial
activity in the municipality, grant to businesses along SH 26, Rufe Snow and Davis
Boulevards south of Mid-Cities a sum not exceeding $15,000.00 each consisting of up
to $2,000.00 toward the cost of removal of any existing pole sign, 100% match up to
$3,000 for a new monument sign and 100% match up to $10,000.00 toward the cost of
eligible facade improvements. Such grants will be conditioned on an approved design
and color scheme by the Economic Development Department and compliance by such
business grantee with all regulations and ordinances concerning the business and
payment of all outstanding taxes on such business, remaining where such
improvements are made for at least one year and, if such grantee is the owner of such
property, to actively market any available vacant space located on such property for at
least 24 months from the date of such grant agreement. The City Manager is authorized
to sign grant documents.
AND IT IS SO RESOLVED.
PASSED AND APPROVED this the 12th day of Janu , 2009
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c o ~ r' Os r evino, Mayor
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Pad',„Nh~u~~City Secretary
APP S T F RM AND LEGALITY:
George A. taple ,City Attorney
AP~~ E ~ ~' S TO CONTENT:
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Craig ,Director of Economic Development