BOC Files (Folders 1-3) - Laserfiche WebLink

Home Browse Search

BEFORE THE BOARD OF COMNIISSIONERS FOR MARION COUNTY, OREGON In the matter of allocat-) ing video lottery funds) to the Courthouse Squaze) project.) RESOLIITION NO. 1 "lSJ This matter came before the Marion County Boazd of Commissioners at a regulaz public meeting on March 12, 1997, to consider allocating up to $459,031 in video lottery funds to the Courthouse Square project. WI-~REAS, the Board of Commissioners has previously taken actions necessary to acquire federal and local funding, including both private investment funds and Salem Urban Renewal funds and, WI~REAS, the county has also determined that in order to insure that sufficient funds are available to provide a 25% match to the Federal (FTA) grant funds ($1,836,125), and to insure that sufficient local funding is available to meet the county's cash flow and exclusive obligations for consultants, relocation and environmental cleanup costs and, WI~KEAS, the Board of Commissioners finds that the project meets the intent and eligibility requirements for economic development based on the following: The project is in conformance with the newly adopted Core Area Master Plan for downtown Salem. The project will refurbish store fronts and streetscapes, provide additional parking for shoppers, enhance retail shopping and add open space (plazas) to the core area. 2. The project is a public/private venture that will allow the county to lower the unit cost of the facility without asking for additional voter approved tu~ dollars. 3. The transit district has been asked to relocate th~e '' g bus mall o~H'igh Street while maintaining a transit facility in the central co area. The relocarion, to a downtown site, is made possible by the county's participation in the project. The project will provide the district with a new centralized ticket and administrative office together with a joint conference facility and a mo~iern, more ef~icient transit center. ' 4. The use of video lottery funds allows the county to insu~ a match against the federal (FTA) funds, and helps to insure a financial partnership with other public