HomeMy WebLinkAboutResolution 2010-023 RESOLUTION NO. 2010 -023
WHEREAS, the City Council desires to establish a program whereby economic
development agreements for grants of up to $25,000 would be authorized
for businesses along Boulevard 26, Rufe Snow and Davis Boulevards
south of Mid - Cities and businesses along Glenview Drive and Bedford -
Euless Road for the removal of non - conforming signs, facade and parking
improvements and construction of conforming monument signs; NOW
THEREFORE;
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND
HILLS, TEXAS:
SECTION 1: THAT Resolution No. 2009 -001 and Resolution No. 2009 -039 are hereby
repealed.
SECTION 2: 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 $25,000 each consisting of up to a 50%
match up to $5,000 for a new conforming monument sign and a separate
25% match up to $20,000 toward the cost of eligible facade and parking
improvements that exceed a $20,000 minimum total project cost. Such
grants will be conditioned on an approved design and color scheme by the
Development Review and BIG Review Committees 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 July, 2010.
CITY • ' NOR ' _. - i ' HILLS
By: AlitMlij L
Oscar revino, Mayor
Resolution No. 2010 -023
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Patricia f ra cretary
APP' s; : � TO FORM ' ND LEGALITY:
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George A. 1'r s, Ci Attorney
P E" S TO CONTENT:
Craig H A , Economic Development Director
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Resolution No. 2010 -023
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