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HomeMy WebLinkAboutResolutions - R-00-002 - 02/16/2000 - RECOGNIZE ESTABLISHMENT OF MCEDC RIVERWALK COMMITTR-00- oo2 RESOLUTION WHEREAS, the McHenry Economic Development Commission is an independent advisory board to the City Council of the City of McHenry; and WHEREAS, the McHenry Economic Development Commission's mission is to provide the leadership and working force necessary to promote the retention, development and redevelopment of residential, commercial and industrial entities while maintaining and improving the high quality of life in McHenry; and WHEREAS, the McHenry Economic Development Commission selected a primary project, at the January 19, 1999 regularly scheduled meeting, entitled McHenry Riverwalk; and WHEREAS, the McHenry Economic Development Commission Riverwalk Committee made a presentation before the McHenry City Council on December 1, 1999 and the McHenry Riverwalk project received the unanimous approval of the McHenry City Council; and WHEREAS, the McHenry Economic Development Commission requested formal recognition and direction from the McHenry City Council. NOW, THEREFORE, BE IT RESOLVED that the McHenry City Council goes on record as formally recognizing the establishment of the McHenry Economic Development Commission Riverwalk Committee and that the McHenry City Council will: ■ In the fiscal year May 1, 2000, reallocate an amount not to exceed $10,000 from the Economic Development Commission budget to the Riverwalk Committee for project planning and development. Expenditures of these funds must be pre -approved by the Mayor or City Administrator and within their expenditure authority as outlined in the City of McHenry's Purchasing Policy and Procedures Manual; Set as policy that McHenry will use its best efforts to secure right-of-way/easements for Riverwalk purposes on the properties designated on the Riverwalk plan; ■ Authorize the Riverwalk Committee to interview and research opportunities with affected property owners and regulatory agencies; and BE IT FURTHER RESOLVED that the McHenry Economic Development Commission Riverwalk Committee is not authorized to encumber, obligate, or enter into contractual arrangements on behalf of the City. Passed and approved this 16th day of February , 2000 ,,�QO'L —, or Attest. City Clerk