Laserfiche WebLink
OCT 24X99 <br />BOOK. d 0 FACE 43 i <br />RESOLUTION FOR DNR GRANT FOR DEVELOPMENT OF TREASURE SHORES PARK <br />Public Works Director Davis reviewed the following: <br />TO: James E. Chandler, <br />County Administrator <br />FROM: James W. Davis, P.E., <br />Public Works Director <br />SUBJECT: Adoption of Resolution for Grant from the <br />Department of Natural Resources - <br />Treasure Shores Park <br />DATE: October 18, 1989 <br />DESCRIPTION AND CONDITIONS <br />The Department of Natural Resources requires the execution <br />of the attached Resolution which provides financial <br />assistance for the development of Treasure Shores Park. <br />RECOMMENDATION <br />Staff recommends the Board authorize the Chairman execute the <br />attached document. <br />Director Davis advised that the Resolution does commit the <br />county in the future to pledge a revenue source for the County's <br />share of the project. We have been told that the upper threshold <br />for grant funds in the next year is $120,000. We are proceeding <br />with Phase 1 design, which we anticipate could be anywhere from <br />$400,000 to a half million dollars; so, in the next fiscal year <br />we are recommending the County should be looking at funding the <br />local portion. <br />Discussion ensued regarding funding sources, i.e., the <br />General Fund or Tourist Tax, and Administrator Chandler advised <br />that staff will recommend to the Tourist Tax Board that they <br />recommend back to the Commission that Tourist Tax dollars be <br />allocated for this project. <br />In regard to timing, Director Davis pointed out that the <br />Resolution calls for a match of $120,000 in cash which will <br />remain available till needed. <br />OMB Director Baird noted that he okayed this for the agenda <br />because we have to develop the park within the next couple of <br />years and here is an opportunity to get a grant. <br />44 <br />