Title
The Approval of a Community Legacy and/or a Strategic Demolition and Smart Growth Impact Fund Application (Newtowne Twenty) - For the purpose of approving the application and receipt of financing for Community Legacy Projects(s) and/or Strategic Demolition and Smart Growth Impact Fund project(s) in the City of Annapolis for the Newtowne Twenty Redevelopment project, to be financed either directly by the Department of Housing and Community Development (the Department) of the State of Maryland, or through other departments or agencies of the State of Maryland.
Body
CITY COUNCIL OF THE
City of Annapolis
Resolution 26-14
Introduced by: Alderwoman Finlayson
Referred to
Housing and Human Welfare
A RESOLUTION concerning
The Approval of a Community Legacy and/or a Strategic Demolition and Smart Growth Impact Fund Application (Newtowne Twenty)
FOR the purpose of approving the application and receipt of financing for Community Legacy Projects(s) and/or Strategic Demolition and Smart Growth Impact Fund Project(s) in the City of Annapolis for the Newtowne Twenty Redevelopment project, to be financed either directly by the Department of Housing and Community Development (the Department) of the State of Maryland, or through other departments or agencies of the State of Maryland.
WHEREAS, the City of Annapolis recognizes that there is a significant need for reinvestment in and revitalization of communities in the City of Annapolis; and
WHEREAS, the Department, either through the Community Legacy Program, Strategic Demolition and Smart Growth Impact Fund, or through other Programs of the Department, or in cooperation with other State departments or agencies, may provide some or all of the financing for the Newtowne Twenty redevelopment in order to assist in making it financially feasible; and
WHEREAS, the Sustainable Community is located within a priority funding area under Section 5-7B-02 of the Smart Growth Act and the completed Project will conform to the local zoning code; and
WHEREAS, the applicable laws and regulations require Annapolis City Council approval of the Community Legacy Projects and Strategic Demolition and Smart Growth Impact Fund projects for the Newtowne Twenty Redevelopment Project financing.
NOW, THEREFORE, BE IT RESOLVED BY THE ANNAPOLIS CITY COUNCIL that the City of Annapolis hereby endorses the Newtowne Twenty Redevelopment and hereby approves the request in the form of a grant of approximately $800,000.
AND, BE IT FURTHER RESOLVED BY THE ANNAPOLIS CITY COUNCIL that the City Clerk shall send copies of this Resolution to the Secretary of Housing and Community Development of the State of Maryland.
EXPLANATION
CAPITAL LETTERS indicate matter added to existing law.
Strikethrough indicates matter stricken from existing law.
Underlining indicates amendments.