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HomeMy WebLinkAboutResolution #1087~k1087 Project:_ CANTON, CITY OF C17 206 RESOLUTION OF INTENT REGARDING NATIONAL FLOOD INSURANCE Whereas regulations of the U. S. 40 CFR 35 E, require compliance of 1968, as amended, and, Environmental Protection Agency, with the National Flood Insurance Act Whereas grant conditions of the Illinois Environmental Protection Agency require compliance with the National Flood Insurance Act of 1968, as amended, and Whereas the National Flood Insurance Act of 1968, as amended, requires the purchase of flood insurance for all eligible construction located within a designated flood hazard area which construction is financed either partially or in whole by Federal or State funds, and Whereas the costs of securing and maintaining flood insurance are eligible for Federal and State grant participation during the approved construction period, and Whereas failure to secure flood insurance for eligible construction located in designated flood hazard areas will cause this construction to become ineligible for Federal or State grant funds; Now therefore, be it resolved that the crTY of CANTON wil coopers a an coor mate with the Nat ono o nsurance rogram to acquire and maintain any flood insurance made available for Project C17 2206 for the entire useful life of the insurable construction pursuant to the Flood Insurance Act of 1968, as amended and that it will secure said flood insurance for each insurable structure, as soon as said insurance is available and will notify the Illinois Environmental Protection Agency in writing that the National Flood Insurance requirement has been satisfied, Resolved this 18th day of .TUNE 19 85 Name : ~~~ ~ ' ~~ Title' ayor, Certified to be a true and accurate copy, passed and adopted on the above date. (Seal) Nameā€¢ Title: C er 8327-03-8