HomeMy WebLinkAbout#5259 Block Grant Funds/ Buell's RESOLUTION #5259
A RESOLUTION IN SUPPORT OF AN APPLICATION FOR COMMUNITY
DEVELOPMENT BLOCK GRANT FUNDS TO BE ISSUED FOR THE BENEFIT OF
BUELL'S INC.
ADOPTED BY THE CITY COUNCIL OF THE CITY OF CANTON ILLINOIS:
MAY 213 2020
PUBLISHED BY THE CITY CLERK PURSUANT TO THE AUTHORITY OF THE CITY
COUNCIL OF THE CITY OF CANTON:
MAY 21, 2020
STATE OF ILLINOIS )
) SS.
COUNTY OF FULTON )
CERTIFICATE
I, Diana Pavley-Rock, certify that 1 am the duly elected City Clerk of
the CITY OF CANTON, FULTON COUNTY, ILLINOIS.
I further certify that on MAY 21. 2020 , the City Council of such
municipality passed and approved Resolution No 5259 entitled:
A RESOLUTION IN SUPPORT OF AN APPLICATION FOR COMMUNITY
DEVELOPMENT BLOCK GRANT FUNDS TO BE ISSUED FOR THE BENEFIT OF
BUELL'S INC.
The resolution attached is a true and correct copy of the resolution adopted by Canton
.City Council.
DATED AT CANTON, ILLINOIS, THIS 2020
_ Dian vley- oc , CMC, City Clerk
Seal City of Canton, Illinois
A RESOLUTION IN SUPPORT OF AN APPLICATION FOR COMMUNITY
DEVELOPMENT BLOCK GRANT FUNDS TO BE USED FOR THE BENEFIT OF
BUELL'S INC.
RESOLUTION#5259
WHEREAS,the City of Canton, an Illinois municipal corporation, is applying to the
State of Illinois for a Community Development Block Grant("CDBG")Program grant;
WHEREAS, it is necessary that an application be made,and agreements entered with the
State of Illinois;
WHEREAS,Buell's,Inc. is, in the opinion of the City of Canton, a business eligible for
assistance by CDBG Economic Development Downstate Small Business Stabilization funds; and
WHEREAS,the City Council and Mayor of the City of Canton have deemed it in the best
interests of the City of Canton to adopt this Resolution in Support of an Application for
Community Development Block Grant Funds to be used for the benefit of Buell's,Inc.
NOW, THEREFORE,BE IT RESOLVED as follows:
1) That the City of Canton hereby supports the Application for Community
Development Block Grant Funds by the City of Canton to be used for the benefit
of Buell's,Inc.;
2) That the City of Canton apply for a grant under the terms and conditions of the
State of Illinois and shall enter in to and agree to the understandings and
assurances contained in said applications to accomplish the foregoing;
3) That the Mayor and/or City Clerk, as the case may be and as required, and on
behalf of the City of Canton, shall execute and deliver such documents and all
other documents necessary for the carrying out of said applications and the
foregoing, including without limitation any necessary Participation Agreements
and certifications;
4) That the Mayor and/or City Clerk, as the case may be and as required, and on
behalf of the City of Canton, are authorized to provide such additional
information as may be required to accomplish the obtaining of such grant;
5) The Mayor and/or City Attorney are hereby authorized prior to,at the time of,and/or
after the disbursement of any funds (including DCEO funds)by the City of Canton
to the Buell's Inc.,to execute any and all documents necessary to secure, encumber
or otherwise collateralize or guarantee of any assets (real,personal or mixed) of the
Buell's Inc.,or its owners/shareholders/members/partners,in order to secure Buell's,
Inc.'s performance as required under any agreements, including without limitation
Participation Agreements, pursuant to any authority granted to the City of Canton
thereunder. Without limiting the foregoing, the Mayor and/or City Attorney are
hereby granted the authority to file and enforce liens, financing statements,
mortgages, and other forms of security interests as deemed necessary by the Mayor
and/or City Attorney.
Passed this 21St day of May 2020
Ayes: Alderman Ryan Mayhew,Quin Mayhew, John Lovell, Craig West,Jeff Fritz,Angela
Lingenfelter,Justin Nelson
Nays: None
Absent: Alde nmrfl
Angel . a e
ATTEST: C'v " ►�
City Clerk Mayor