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HomeMy WebLinkAboutResolution 2015-14 Magnolia Park GrantRESOLUTION NUMBER 2015 -14 A RESOLUTION OF THE CITY OF WINTER SPRINGS AUTHORIZING THE SUBMISSION OF A GRANT APPLICATION TO THE FLORIDA DIVISION OF CULTURAL AFFAIRS CULTURAL FACILITIES PROGRAM REQUESTING UP TO $500,000 IN GRANT FUNDS FOR MAGNOLIA PARK AMPHITHEATER ON THE PARK, AND FURTHER ACKNOWLEDGING THAT RECEIPT OF GRANT FUNDING WILL BE CONDITIONED ON THE CITY PROVIDING MATCHING FUNDS AT A 2:1 RATIO, WHICH AMOUNT SHALL NOT EXCEED$ 1,000,000. WHEREAS, the City of Winter Springs has the opportunity to apply for grant funding in an amount not to exceed five hundred thousand dollars ($500,000.00) for the Cultural Facilities Program Project Magnolia Park Amphitheater, with the stipulation that the City provide matching funds at a 2 to 1 ratio to the amount of the grant; and WHEREAS, depending on the amount received by the City in grant funding, such funding will be conditioned on the City providing matching funds in an amount not to exceed $1,000,000 by July 1, 2016. NOW, THEREFORE BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, FLORIDA: Section 1. The following recitals are true and correct and hereby fully incorporated herein by this reference as part of this Resolution. Section 2. That the City Commission hereby acknowledges that the City may receive an amount not to exceed Five- Hundred Thousand and 00 /100 Dollars ($500,000.00) in grant funds from the Florida Division of Cultural Affairs for the purpose of funding the Magnolia Park Amphitheater project. Further, the City Commission acknowledges that the receipt of such grant funds will be conditioned on the City providing matching funds at a ratio of 2:1 by July 1, 2016. The amount to be provided by the City at such 2:1 ratio will be based on the total amount of grant funds received and shall not exceed One - Million and 00 /100 Dollars ($1,000,000.00). Section 3. Repeal of Prior Inconsistent Resolutions. All prior inconsistent resolutions adopted by the City Commission, or parts of resolutions in conflict herewith, are hereby repealed to the extent of the conflict. Section 4. Severabiiity. If any section, subsection, sentence, clause, phrase, word or provision of this resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, whether for substantive, procedural, or any other reason, such portion shall be deemed a separate, distinct and independent provision, and such holding shall not affect the validity of the remaining portions of this resolution. City of Winter Springs. Florida Resolution 2015-14 Pace 1 012 Section 5. Effective Date. This Resolution shall take effect immediately upon adoption by the City Commission. RESOLVED by the City Commission of the City of Winter Springs, in a regular meeting assembled on the 10ffi day of August, 2015. CHARLES LACEY, lYI ATTEST: AND.1W �ORENZO- LUACES, City Clerk Approved as to legal form and sufficiency for the City pf inter Springs only: ANTHONY A. GARGANESE, City Attorney City of Winter Springs, Florida Resolution 2012 -05 Page 2 of 2