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HomeMy WebLinkAbout#5272 Support and commitment of local funds RESOLUTION NO. —'V7.2 RESOLUTION OF SUPPORT AND COMMITMENT OF LOCAL FUNDS WHEREAS, the City of Canton, Fulton County, Illinois, is applying to the United States Economic Development Administration (USEDA)for a Public Works and Economic Adjustment Assistance (PWEAA) Grant, WHEREAS, it is necessary that an application be made and agreemcents be entered into with the USEDA, and WHEREAS,cost of the project are such that financial participation bbl the grantee is necessary in conjunction with PWEAA funds. NOW, THEREFORE,BE IT RESOLVED as follows: 1) That the City may apply for a grant under the terms and conditions of the USEDA for a PWEAA Grant and shall enter into and agree to the understandings and assurances contained in the application therefor; 2) That the Mayor, on behalf of the City, shall execute and deliver such documents and all other documents necessary for the carrying out of said application; 3) That the Mayor is authorized to provide such additional information as may be required to accomplish the obtaining of such grant; 4) That the Mayor and WIRC have the authority to submit the application and additional information as requested to USEDA; 5) That the City of Canton does hereby commit funds in the amount of up to $1,100,000 for use in conjunction with a USEDA PWEAA Grant, for an estimated total project cost of$2,100,000. PASSED AND APPROVED THIS 21St day of July, 2020. AYES: Aldermen Quin Mayhew, John Lovell, Craig West, Angela Hale, Jeff Fritz, Angela Lingenfelter, Justin Nelson NAYS: None ABSENT: None APPRO ED: By: nt cDowell, Mayo ATTEST: Diana Pavley-Rock, City Clerk