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HomeMy WebLinkAbout87-3 - Local Government Coastal Management Improvement ProgramRESOLUTION No. 87 -3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH DECLARING ITS :INTENT TO PROVIDE MATCHING FUNDS FOR THE LOCAL GOVERNMENTAL COASTAL MANAGEMENT IMPROVEMENT PROGRAM. WHEREAS, the cities of Newport Beach, Laguna Beach, San Clemente and Huntington Beach have jointly submitted a pre - application for a,grant from the Local Government Coastal Management Improvement • Program for consulting work regarding OCS Lease Sale 95; and WHEREAS, such pre - application has been qualified by the • Secretary of Environmental Affairs for submittal as a draft applica- tion; and WHEREAS, applicable regulations governing such draft application require inclusion of a letter of commitment for match- ing funds; and WHEREAS, the cities' grant request totals $168,000 and the cities' matching funds would total $34,000; and WHEREAS, the City of Newport Beach's share would amount to $8,500; and WHEREAS, the Secretary of Environmental Affairs will render a decision regarding the acceptability of the cities' grant request in May, 1987. NOW, THEREFORE, BE IT RESOLVED that the City Council of the the City of Newport Beach hereby declares its intention to provide such matching funds in the 1987 -88 Fiscal Year Budget if the City is awarded its grant requests by the Secretary of Environmental Affairs provided, however, that budgetary requirements and constraints reasonably allow the City Council to do so.