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RESOLUTION NO. 2010-84R <br />• A RESOLUTION OF THE CITY COUNCIL F TH <br />O C O E CITY OF SAN <br />MARCOS, TEXAS, OFFERING TO MAKE A MATCHING GRANT OF <br />UP TO $500,000 TO THE HAYS CALDWELL WOMEN'S CENTER <br />FROM ACCRUED INTEREST EARNED ON CASH FUNDED CIP <br />PROJECTS; AND DECLARING AN EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. A matching grant of up to $500,000 to the Hays Caldwell Women's <br />Center is hereby approved in order to provide funding for the renovation of the former family <br />violence shelter to relocate the children's advocacy center. Funding for this grant shall be from <br />interest earned on cash funded CIP accounts. Disbursement of funds for this matching grant <br />shall be made based on invoices submitted for actual design and construction costs. The total <br />amount of the City's grant shall not exceed the lesser of $500,000 or the total of matching funds <br />raised from other sources by the Hays Caldwell Women's Center. Documentation of matching <br />funds shall be submitted in a form deemed acceptable to the City Manager. <br />PART 2. This Resolution shall be in full force and effect immediately from and <br />after its passage. <br />• <br />ADOPTED this the 1st day of June, 2010. <br />Susan N <br />Mayor <br />Attest: <br />Or <br />Sherry Mash urn <br />City Clerk <br />40 <br />