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HomeMy WebLinkAboutResolution #0873Exhibit "A" 't 5 ~ 3 h1FT RESOLUTION WHEREAS, the City of Canton has entered for the improvement of the intersection State Section 1352-I-1 and City Section into an Agreement with the State of Illinois of Locust Street and First Street, kno~~~n as 81-00075-00-1•1R; and WHEREAS, in compliance 4dith the aforementioned Agreement, it is necessary for the City to appropriate Motor Fuel Tax Funds to pay its share of the cost of said improvement. NOW, THEREFORE, BE IT RESOLVED, that there is hereby appropriated the sum of Thirty- six Thousand Five Hundred Dollare ($36,500.00) or so much thereof as may be neces- sary from any money now or hereafter allotted to the City under the provisions of the Plotor Fuel Tax Law to pay its share of the cost of this improvement as pro- vided in the Agreement; and BE IT FURTHER RESOLVED, that upon receipt of the contractor's first and subsequent progressive bills, the City will pay to the Department of Transportation of the State of Illinois from any funds allotted to the City under the Motor Fuel Tax Law an amount equal to the City's share, $36,500.00, divided by the estimated construction cost, $77,600.00, multiplied by the actual progress payment (appro- priately adjusted for non-participating costs on FA Projects) made to the con- tractor until the entire obligation incurred under this Agreement has been paid. BE IT FURTHER RESOLVED, that the City agrees to pass a supplemental resolution to provide necessary funds for its share of the cost of this improvement if the amount appropriated herein proves to be insufficient to cover said cost. STATE OF ILLINOIS.) ) SS COUNTY OF FULTON ) Ms. City Clerk in and for the City of Canton, hereby certify the foregoing to be a true, perfect, and complete APPROVED: copy of the resolution adopted by the City Council at a meeting on Date !~~'1 f~ t~ C r-~ ~ ~' 1~ , 19 ~' / . IN TESTIh10NY 4JHEREOF I have hereunto STATE OF ILLINOIS set my hand ,and seal this ~~ 7-It DEPARTt•1ENT OF TRANSPORTATION DIVISION OF HIGH4JAYS day of ,11~ 1-~ r~C t! .1.D. , 19 ~,'t . 1 1 ~ I,~ ~ strict Engineer ~ City Jerk ~,, CERTIFICATE STATE OF ILLINOIS; COUNTY OF FULTON } SS --Mr-: - I , --M~-s-r ~~} /~ {';~~ 1-~ f i ~ S C~i ty Clerk i n a n d Mrs. for the City of Canton of the State of Illinois, hereby Mr. certify that -Mi-ss r-~-f-l /~L/-;~11 L_ ~k /~!`r rC_' f~ the Mayor of Mrs. the Cit-y of Canton has duly authorized to execute the fore- going agreement on behalf of the City of Canton pursuant to an ordinance adopted by the City Council at a meeting on l~i~l l~(~..C~ I--f L~ti^1~ A . D . 19~. IN TESTIMONY b~NEREOF, I have hereunto set my hand and seal this ~ f N day of 1'Y1 ~ ~~ ,~ A.D,,119 h'I • ,, ~ ~ --~ 1 r ,, -,.~ ~ ~- City ~lerk i ~, ,; ~; ~: .~ ;,r: ..' °~ ...~ `~i ~~