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HomeMy WebLinkAbout142-93 RESOLUTION NO. 142-93 APPROPRIATING BUSINESS PROMOTION FUNDS TO THE DOWNTOWN DANVILLE MERCHANT'S ASSOCIATION FOR TROLLEY CARS WHEREAS, in discussions leading to approval of the Business License Tax, the Town Council considered earmarking funds for business promotion or economic development as a way of committing a new revenue stream back to the business community, and WHEREAS, the Town Council has appropriated funding as part of the 1993-94 Financial Plan for business promotion of economic development, and WHEREAS, a policy on the use of these funds was approved by the Danville Town Council, and WHEREAS, the Downtown Danville Merchant's Association has requested $7,000 in start up funds to run trolley cars through the downtown shopping area each weekend from November 27, 1993 through December 19, 1993; and WHEREAS, the Downtown Danville Merchant's Association has submitted a budget and agreed to follow the guidelines addressed in Exhibit A to this resolution; now therefore be it RESOLVED that the Danville Town Council does hereby appropriate $7,000 in Business Promotion funds to the Downtown Danville Merchants Association; and be it further RESOLVED that the Town Manager be authorized to execute the agreement known as Exhibit A. APPROVED by the Danville Town Council at a Regular Meeting held on November 3, 1993, by the following vote: AYES: NOES: ABSTAINED: ABSENT: / ..... CITY ATTORNEY Shimansky, Ritchey, Doyle, Greenberg, Lane None None None ATTEST: CITY CLERK