ADOPTED - APRIL 14, 2009
Agenda Item No. 21
Introduced by the County Services and Finance Committees of the:
INGHAM COUNTY BOARD OF COMMISSIONERS
RESOLUTION AUTHORIZING ACCEPTANCE OF A $250,000 COMMUNITY DEVELOPMENT BLOCK GRANT FROM THE MICHIGAN ECONOMIC DEVELOPMENT CORPORATION FOR
ELECTRIC INFRASTRUCTURE TO ADVANCE THE JACKSON NATIONAL LIFE INSURANCE COMPANY ECONOMIC DEVELOPMENT EXPANSION PROJECT
RESOLUTION #09-096
WHEREAS, Ingham County government has long-term objectives to foster economic well being and assist citizens in meeting basic needs; and
WHEREAS, on September 23, 2008, the Ingham County Commissioners authorized (Resolution #08-256) the submission of an application to the Michigan Economic Development Corporation for a Community Development Block Grant (CDBG) for public infrastructure (electric) to advance the expansion of Jackson National Life Insurance Company in Lansing, Ingham County, Michigan; and
WHEREAS, the State of Michigan has notified Ingham County that it has awarded the requested grant funds of $250,000 for this project; and
WHEREAS, the Lansing Board of Water and Light will contribute more than half the cost to extend and improve electrical service as a match to the CDBG State of Michigan grant; and
WHEREAS, the extension and improvement of public utilities, specifically a 13.2kV electrical line, to the service area that includes Jackson National Life Insurance Company would support their expansion and creation of 25 new jobs of which at least 51% of the beneficiaries will be low to moderate income persons; and
WHEREAS, notice of a public hearing was published and a public hearing was held before the application submission that provided citizens opportunity to review and comment on the application.
THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners hereby authorizes acceptance of the $250,000 CDBG grant funds to improve electric infrastructure along with matching funds provided by the Lansing Board of Water and Light to support the creation of new jobs by Jackson National Life Insurance Company.
BE IT FURTHER RESOLVED, that the expenses incurred by the County in preparation and administration of this grant will be reimbursed through the grant.
BE IT FURTHER RESOLVED, that the Board Chairperson is authorized to sign contracts and agreements to implement this project as recommended by the County Controller/Administrator, and approved as to form by the County Attorney.
COUNTY SERVICES: Yeas: Celentino, Koenig, Holman, Copedge, Grebner
Nays: None Absent: Vickers Approved 4/7/09
FINANCE: Yeas: Grebner, Nolan, Bahar-Cook, Tennis, Davis, Dougan
Nays: None Absent: None Approved 4/13/2009