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HomeMy WebLinkAbout037-2011RESOLUTION NO. 37-2011 APPROVING A SUB -GRANT AGREEMENT REGARDING USE OF HUD GRANT FUNDING FOR THE VETERANS MEMORIAL BUILDING WHEREAS, the Town of Danville owns the Veterans Memorial Building in Danville and is currently restoring and expanding the facility; and WHEREAS, the Veterans Memorial Building Development Committee of the San Ramon Valley (the "Committee) is a 501(c)(3) non - profit corporation formed to promote the development of a new Veterans Memorial Building; and WHEREAS, the Committee received a $200,000 grant from the United States Department of ,Housing and Urban Development ( "HUD "), funds that will be considered a donation towards the Committee's fund raising goal for the project; and WHEREAS, the Town intends to accept the donation and utilize the funds for purchase of furnishings, fixtures, and equipment for the Veterans Memorial Building; and WHEREAS, use of the grant funds is governed by a Grant Agreement associated with FY 2010 EDI- Special Project No. B- 10 -SP -CA -0382 as executed by the Committee and HUD on March 8, 2011 and March 15, 2011 respectively ( "Grant Agreement "), which Grant Agreement allows the committee to enter into a Sub -Grant Agreement to allow the Town to expend the funds; now, therefore, be it RESOLVED, that the Danville Town Council hereby approves the sub -grant agreement regarding use of HUD grant funding for the Veterans Memorial Building and authorizes the Town Manager to execute the agreement in substantially the form attached as an exhibit to this resolution. APPROVED by the Danville Town Council at a regular meeting on April 19, 2011, by the following vote: AYES Stepper, Andersen, Arnerich, Doyle, Storer NOES: None ABSTAINED: None ABSENT: None APPROVED AS TO FORM: CITY ATTORNEY __ � � �_ ��_v"__ MAaCOR ATTEST: CITY lk