Title of Item:
CITY OF STUART GRANT TO BUSINESS DEVELOPMENT BOARD OF MARTIN COUNTY (RC):
RESOLUTION No. 35-2021; A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF STUART, FLORIDA, AUTHORIZING THE MAYOR TO EXECUTE A GRANT AWARD AGREEMENT BETWEEN THE CITY OF STUART AND THE BUSINESS DEVELOPMENT BOARD OF MARTIN COUNTY TO SUPPORT ECONOMIC DEVELOPMENT PROJECTS, PROGRAMS, AND SERVICES; PROVIDING FOR AN EFFECTIVE DATE; AND FOR OTHER PURPOSES.
Summary Explanation/Background Information on Agenda Request:
R35-2021 is to recognize the FY21 budgeted grant for the Business Development Development Board of Martin County (BDBMC) and to support various economic development projects, programs, and services. The grant reflects supporting the BDBMC at the LEADERSHIP level of $10,000, and reserves $15,000 for additional projects as needed.
NOTE: This was the same sponsorship level as Indiantown, Florida.
Funding Source:
Adopted FY21 Budget: $25,000
Fund: 1110 Account: 581
Recommended Action:
Recommend Approval. | | |