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R-25-07 A RESOLUTION AUTHORIZING PARTICIPATION IN THE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT VIRGINIA MAIN STREET PROGRAM BY THE CITY OF PORTSMOUTH AS A MOBILIZING MAIN STREET COMMUNITY. WHEREAS, the Virginia Main Street Program (VMS) has been established in the Virginia Department of Housing and Community Development (DHCD) to assist localities in developing public/private efforts to revitalize their downtown commercial areas; and WHEREAS, localities may elect to participate in the VMS Program Mobilizing Main Street (MMS) tier that provides the framework for targeted organizational development support to communities interested in pursuing Advancing Virginia Main Street designation, the top tier of VMS recognition signifying a demonstrated commitment to comprehensive downtown revitalization and a proven track record of successfully applying the Main Street ApproachTM; and WHEREAS, the City of Portsmouth desires to participate as a Mobilizing Main Street community; NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia that it hereby supports an application to the Virginia Main Street Program to become a Mobilizing Main Street community and agrees to the undertaking of the following activities as required by the Program: 1. A dedicated committee of community leaders has been established, under the leadership of the Partnership Development Foundation, a 501(c)(3), to lead requirements of the MMS program, with the expectation to achieve a local Main Street Program; 2. This committee has agreed to active participation in all MMS monthly virtual meetings and bi-annual in-person trainings, in addition to completing any assignments required for the duration of the two-year MMS program; 3. The Partnership Development Foundation will document program progress each year by submitting an annual report to VMS; and 4. The City intends to join and maintain Main Street America Community Membership at the Affiliate level; and BE IT RECOGNIZED that downtown revitalization requires an on-going commitment, continuous attention, and a full public-private partnership, and that the Main Street Program is considered one of many economic and community development tools used by a locality; and BE IT FURTHER RESOLVED that the Council of the City of Portsmouth, Virginia authorizes the Mayor to sign and submit an application for the City to become a Mobilizing Main Street community.