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<br />RESOLUTION NO. QR-l04 <br /> <br />WHEREAS, the United States Department of Agriculture, Rural Economic <br />and Community Development Division, provides funding for Revolving Loan Fund <br />grants; and, <br /> <br />WHEREAS, the City Council of the City of Paris is desirous of processing a <br />grant application for a Revolving Loan Fund Grant to fund small and emerging <br />businesses in the City of Paris, in the amount of $400,000.00; NOW, THERE}'ORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY 01" PARIS: <br /> <br />1. That an application be made to the United States Department of <br />Agriculture, Rural Economic and Community Development Division, for a Revolving <br />Loan Fund Grant to fund small and emerging businesses in the City of Paris in the <br />amount of $400,000.00. <br /> <br />2. That Michael E. Malone, City Manager of the City of Paris, be, and <br />he is hereby appointed as the Authorized Official of said project and is authorized and <br />directed to execute on behalf of the City of Paris the application for grant in the form <br />attached hereto as Exhibit A, and the grant acceptance notice at such time the grant is <br />awarded. <br /> <br />PASSED AND ADOPTED this 6th day of August, 1998. <br /> <br />~ (t~ <br /> <br /> <br />. Thomas, Mayor Pro Tem <br /> <br />ATTEST: <br /> <br />~' <br />~~\_~,~~ i~~ <br />Mattie Cunningham, City CI k <br /> <br />APPROVED AS TO FORM: <br /> <br />~iAP~ <br /> <br />Scott P. Foster, City Attorney <br />