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~ . <br />and private partners. This partnerslup will allow federal funds to cover an <br />estimated $9,000,000 of the $26,000,000 project cost and brings an addidonal $2_ <br />3,000,000 in private funds for o~ce and retail space. <br />BE TT RESOLVED, that the Boazd of Commissioners hereby authorizes the transfer of up to <br />$459,031 in video lottery funds to the Courthouse Square project. The Director of Communiry <br />Development is authorized to make an immediate payment of $232,000. The second payment is <br />to made on or before July 1, 1997, based on cash flow needs of both the project and tlie <br />economic development fund and the third payment is to be made on or about September 1, 1997, <br />if sufficient funds are avai(able to meet all obligations approved by the Board for economic <br />development activities in the county. <br />Datedt(us_ 12th day of March, 1997 <br />v '~ • ~-~'L ~ <br />C• ~~ ~, <br />gOC <br />~'wrr~. <br />~~t, <br />MARION COUNTy gpARD OF COMMIS ~ <br />Chair <br />