HomeMy WebLinkAboutResolution 2009-039RESOLUTION NO. 2009-039
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 and businesses along Glenview Drive and Bedford-Euless
Road 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 Boulevard 26, Rufe Snow and Davis Boulevards south
of Mid-Cities in addition to businesses along Glenview Drive and Bedford-
Euless Road 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 14th day of Decem r, 2009.
..~vav~~~wuWni~u~p~ CITY O F H RI AND HILLS
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°r ~ ~ Oscar Trevino, Mayor
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at~'(;,,,~~~~~~`City Secretary
Resolution No. 2009-039
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APP A FO AND LEGALITY:
George A. taples, ity Attorney
AP,PR~a/-~~ A~CIS TO CONTENT:
Craig l'~~(J. Director of Economic Development
Resolution No. 2009-039
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