A RESOLUTION AUTHORIZING THE MANAGER TO APPLY FOR A PARKS AND RECREATION TRUST FUND GRANT FOR THE HOMESTEAD PARK AQUATICS CENTER PROJECT AND AUTHORIZING THE MAYOR TO SIGN THE APPLICATION, WHICH WOULD GUARANTEE MATCHING FUNDS (2006-01-09/R-11)

WHEREAS, Orange County has allocated $4,355,000 in Parks bonds for the Homestead Park Aquatics Center; and

WHEREAS, the Council has allocated $1,158,000 in Parks bonds for the Homestead Park Aquatics Center; and

WHEREAS, the Town has received a Special Use Permit application for the project;

NOW, THEREFORE, BE IT RESOLVED by the Council of the Town of Chapel Hill that the Manager is authorized to apply for a $500,000 Parks and Recreation Trust Fund grant for the Homestead Park Aquatics Center project.

BE IT FURTHER RESOLVED by the Council that the Mayor is authorized to sign a Parks and Recreation Trust Fund application that would guarantee $500,000 in matching funds if the grant is successful.

This the 9^th day of January, 2006.