Res 59-88 NO. ~59-88
IT IS HEREBY RESOLVE~, by vote of the Ci=y Co---~ssion,
Ci=y of Delray Beach, Florida, on Tuesday, Sep=ember 13, 1988:
WHEREAS, Old School Square, Inc., by i=s President,
Frances F. Bourque, did appear before the Ci=y Commission on
this date and,
WHEREAS, Old School Square, Inc., did request and propose
to serve the Ci=y of Delray Beach, Florida, as Project Adminis-
=fa=or on the his=oric restoration of =he Old Delray Beach
Elemen=ary School site into Old School Square and,
WHEREAS, =he Ci=y of Delray Beach, Florida shall hold
title to the property known as Old School Square and,
WHEREAS, Old School Square, Inc., did reques= and
propose to have =he power and authority to submit grant
applica=ions =o corpora=e, S=ate and Federal funding sources
for construction and administra=ive funds for the res=oratiom
of Old School Square and,
WHEREAS, Old School Square, Inc., shall provide to the
Ci=y of Delray Beach, Florida, monthly accounting on the
financial disbursements of any and all grant funds received
expressly for the restoration of Old School Square and,
WHEREAS, Old School Square, Inc., shall provide to the
C'i=y of Delray Beach, Florida, an annual Certified Audit'of
any and all grant funds received expressly for the res=oration
of Old School Square, =hen it is hereby resolved:
OLD SCHOOL SQUARE, INC., shall'serve as =he Project
Administra=or on the Old School Square project and, further,
shall be =he Lessee of the Old School Square property; the
City of Delray Beach, Florida, being the Lessor, on a long
term basis for the purposes of facility management and programming;
said lease =o be prepared i....,edtately upon execution of this
resolu=ion and, ·
BE IT FURTHER RESOLVED =hat Old School Square, Inc.,
shall have the power and au=hority to submit any and all grant
applica=ions for the express purpose of funding his=orical
and restorative construction on the Old School Square site.
RESOLVED THIS /~ day of SEPTEMBER, 1988.
City of Delray~each~r--~
By: DoakM. Campbell, III, Mayor