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2004-10 City Commerce Center EDTF GrantWHEREAS, the State of Florida Office of Tourism, Trade and Economic Development (OTTED), has awarded the City of Okeechobee an Economic Development Transportation Fund (EDTF) Grant in the amount of $1,125,000; WHEREAS, the purpose of this grant is to construct public infrastructure that will serve the requirements of the first tenant to locate in the City's Commerce Center Park; WHEREAS, the EDTF grant agreement requires the City to accept future maintenance and attendant costs in connection with the construction of the EDTF grant funded project. NOW, THEREFORE, be it resolved that the City Council for the City of Okeechobee, Florida; presented at a duly advertised public meeting; and passed by majority vote of the City Council; and properly executed by the Mayor or designee, as Chief Presiding Officer for the City; accepts future maintenance and attendant costs in connection with the EDTF grant funded project that will be constructed in the City's Commerce Center Park. RESOLVED FURTHER, that the City Administrator is authorized to act in connection with the EDTF grant project and to provide such additional information as may be required by OTTED during the grant implementation process; and RESOLVED FURTHER, that this Resolution shall become effective immediately upon adoption. INTRODUCED AND ADOPTED in regular session this 17th day of August 2004. REVIEWED FOR LEGAL SUFFICIENCY: )(Q_k_ A RESOLUTION ACCEPTING FUTURE MAINTENANCE AND OTHER ATTENDANT COSTS OCCURRING AFTER THE COMPLETION OF THE ECONOMIC DEVELOPMENT TRANSPORTATION FUND PROJECT FOR THE CITY'S COMMERCE CENTER PARK INFRASTRUCTURE John R. Cook, City A`fforney RESOLUTION NO. 04 -10 James E. Kirk, Mayor