1987-044-RES WHEREAS, the City Council of the City of Paris did heretofore authorize receipt of a loan from the
RESOLUTION NO,
87-044
WHEREAS, the City Council of the City of Paris did
heretofore authorize receipt of a loan from the National
Preservation Loan Fund in the amount of $50,000 for Main
Street Market Square Development Project which required the
obtaining of matching funds; and,
WHEREAS, the City of Paris has made application for a
grant for matching funds and The Meadows Foundation has made
a grant offer in the amount of $55,000; and,
WHEREAS, it is deemed to be in the best interest of the
City of Paris that said grant offer be accepted and con-
tracted for in the form of grant contract attached hereto as
Exhibit A; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PARIS, as follows:
1. That the
in the amount of
accepted.
2. That Billy Joe Burnett, Mayor
Paris, be, and he is hereby authorized
execute on behalf of the City of Paris the
the form attached hereto as Exhibit A.
grant offer from The Meadows Foundation
$55,000. be, and the same is hereby
of the City
and directed
grant contract
of
to
in
3. That Michael E. Malone, City Manager, be, and he
is hereby authorized to execute and deliver on behalf of the
City of Paris all communications, assurances and documents
necessary for the completion of said project.
4. That W. E. Anderson, Director of Finance,
he is hereby authorized to serve as the City's
officer to receive funds for purposes of this Main
Market Square Development Project.
5. That Sue Smith, Main Street Project Manager, be,
and she is hereby appointed contact person for Main Street
Market Square Development Project.
be and
fiscal
Street
Passed and adopted this 13th day of April, 1987.
~--
Bi ~ Burnett, Mayor
ATTEST:
'\n~~,.~,~~~~~)
Mattie Cunning am, C~ y C erk
THE MEADOWS FOUNDATION
GRANT CONTRACT
MEETING DATE:
GRANT NO.:
AMOUNT:
March 24, 1987
87030059.01
$55,000
GRANTEE: City of Paris, Texas
PURPOSE: Toward development of permanent sheds for a farmers market in the
historic Market Square of downtown Paris
TERMS AND CONDITIONS: Payable May 10, 1987, contingent upon finalization of
National Trust loan commitment and on construction
initiation
1. This grant is for the specific purposes set forth herein, and monies
received under this agreement should be expended for no other purpose
without the express, written approval of the Meadows Foundation. Any
earnings accruing from these grant funds should be credited to the support
of the project being funded and added to the balance of that account.
2. Grantee specifically agrees that no part of the funds received from
this grant will be used to carryon propaganda, influence legislation,
influence the outcome of any specific public election, or carryon, directly
or indirectly, any voter registration drive.
3. Grantee understands that under the terms of the charter of the
Meadows Foundation, grant monies are awarded for the use of grant recipients
within the State of Texas for the benefit of the people of Texas.
4. Grantee agrees immediately to notify the Meadows Foundation, in
writing, if (i) Grantee's federal tax status is revoked or altered; (ii)
Grantee has reasonable grounds to believe that its tax exempt status may be
revoked or altered; or (iii) Grantee has reason to believe that these grant
monies cannot be or continue to be expended for the specified purposes.
5. In the event that Grantee loses its tax exempt status before all
funds under this grant are dispensed, this grant contract will become null
and void and all obligations of the Meadows Foundation hereunder will
terminate.
6. Grantee understands that the Meadows Foundation considers each
request on an individual basis, and that this grant should not be construed
as establishing a precedent for subsequent gifts to Grantee.
7. Grantee agrees to submit periodic reports to the Meadows Foundation
on the expenditure of Foundation funds. Your first report should be
received by November 10, 1987, and interim reports should follow every six
months until the grant funds are entirely expended, when a final report is
due. Reports should summarize in narrative form what goals the grant has
helped to accomplish and should include relevant financial information. A
financial reporting form is enclosed for your use.
8. The Meadows Foundation retains the right to release information
regarding this grant to any public media, and permission is hereby given for
Grantee to use any wording contained in this contract, the accompanying
letter, and the attached information sheet. Only proposed releases for
publication or broadcast containing additional information need be submitted
to the Foundation for approval. Grantee agrees to forward to the Meadows
Foundation copies of any news releases, published materials, or media
articles mentioning this grant which come to Grantee's notice or attention.
9. Grantee will cooperate with the Meadows Foundation in supplying
additional information or in complying with any procedures which might be
required by any governmental agency in order for the Meadows Foundation to
establish the fact that it has observed all requirements of the law with
respect to this grant.
10. This grant is conditional upon Grantee's acceptance of the terms
and conditions set forth herein and in the accompanying letter of
notification of award. The signature on this document of the person(s)
authorized to make legal contracts for Grantee will represent Grantee's
acceptance of this award and agreement to comply with the stated terms and
conditions of this grant.
The undersigned officials of City of Paris, Texas, hereby agree to the
terms and conditions stated herein.
THE MEADOWS FOUNDATION
CITY OF PARIS, TEXAS
By~t M~
a y Lancaster
Executive Vice President
By
Mayor, Billy Joe Burnett
ATTEST :
Nattie Cur-.ningham, City Clerk
By
Main Street Project Manager