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Resolution 320RESOLUTION NO. 320 A RESOLUTION OF THE CITY COUNCII. OF THE CITY OF EDMONDS, ,4ASHINGTON, STATING THEIR INTENTION TO PROVIDE MATCHING FUNDS FOR THE SEAVIEW PARK IMPROVEMENT PROJECT UP TO AN AMOUNT EQUAL TO 50% OF SAID PROJECT COST. WHEREAS, it is necessary for the City Council to state its intention to provide up to fifty percent (50 %) of the cost of the proposed park improvement program for Seaview Park in order to obtain Interagency Committee for Outdoor Recreation (IAC) matching funds, and WHEREAS, it is the intention of the City to go forward with said park improvement project, now, therefore; BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, AS FOLLOWS: The City Council hereby states its intention to provide funds for the Seaview Park Improvement Project up to fifty percent (50 %) of the cost of said project, which has an estimated total project cost of One Hundred and Thirty Thousand Dollars ($130,000). BE IT FURTHER RESOLVED, that the Director of Parks and Recreation is directed to forward a copy of this resolution to the Interagency Committee for Outdoor Recreation (IAC), together with the City's application for matching funds. APPROVED: i MAYOR ATTEST: CITY CLERK FILED WITH THE CITY CLERK: NOVEMBER 1, 1974 PASSED BY THE CITY COUNCIL: NOVEMBER 5, 1974