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HomeMy WebLinkAbout2008 Resolution No. 073• • • RES OLUT IO I NO . ?3 SER IES OF 2008 -- A RESOL T ION I SUPPORT OF THE ENG LEWOOD CULT URAL ARTS CEN TER. WI IEREAS . the it y of Englewood. th e Eng lewood Urban Renewal Auth orit y and Englewood Cuil ural Arts Ce nt er Ass oc iati on have j oined in cnlla hora ti on to promote the bui ldin g ofan Ans mi d Educatio n Ce nt er for th e benefit and use of th e Englewood co mmunit y: nnd WHEREAS. th e parties acknow ledge that such an Art s and Educatio n Center wi ll ben efi t Englewood by: Enhan ci ng th e quality and sco pe of Englew ood 's li festyle . Pro viding a destinati on for cultural enri chme nt fo r th e communit y and surroundin g conu11un i1!es. Serving to leverage th e social and economic vi talit y of the downtown and wou ld be a vita l element in th e redevelopment of the South Broadway Co rrid or. Enhan cing and enlarging arts education oppo rtunities for Englewood children , a key fa ctor in prep aring them for the creative , inn ova ti ve and global world they will li ve in . Leadin g to the creation of an expanded fervor for the ans, for children , adu lt s and families . NO W. THEREFO RE . BE IT RESOLV ED BY THE CITY COU NCIL OF Tl E ITV OF ENGLEWOOD. ';OLORADO. THAT : Section I. 1 h• Cit y Co unci l of th e Ci ty of Englewood, Co lorad o, hereby sup po rt s th e prop osa l to build the Engl ewood Cultural Art s Center on the Acoma parking lots ow ned by EU RA . Section 2. The City Co uncil of the Cit y of Englewood, Co lorado , hereby supports ti·· donation of tax pa yer propert y in excess of a million dollar., under th e 1cm1s and limit at ions of the Memora ndum of Understanding between Englewood Cultural Art s Ce nter Assoc inti on and EU RA. Secti on 3. Under the same tcnn s and limitati ons of the Mcmornn dum of Understa ndin g between Englewood Cultura l Arts Center Association and EURA, i.e., tem1 fundrai sin g benchmarks, propo sa l for an end owment fund suf1i cient to run th e Cent er, repl ace ment of parkin g currentl y prov ided in th e publi c parking lots, et c .. The City Cou ncil of th e Cit y of Engl ewood , (;olorado. would co nt ribute th ose fund s in th e "Land Bank Account" (i n the amount of $197 .5 00) fo r the use in con stru clin g th e Engl ewoo d Cultural Arts Center . I, Loucri s hi a A. Elli s, ity C lerk fortJl,;ifty of Englewood, Co lo above is a tni e copy of' Reso luti o n No._,_ (1 Series o f 2008. • • •