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HomeMy WebLinkAboutResolution #0816 RESOLUTION N0. ~IGj A RESOLUTION PROVIDING THAT THE CITY OF CANTON WILL PAY ITS SHARE OF THE COST FOR THE RECONSTRUCTION OF EAST MYRTLE STREET BETWEEN NORTH ELEVENTH AVENUE AND NORTH FIFTEENTH AVENUE IN THE CITY OF CANTON, ILLINOIS. WHEREAS, the City Council of the City of Canton, Illinois desires to reconstruct a section of East Myrtle Street between the East curb line of North Eleventh Avenue and the West curb line of North Fifteenth Avenue in the City of Canton; and WHEREAS, said reconstruction will include earth excavating, grading, seeding and sodding, concrete curb and gutter, with miscellaneous appurtenances, and installing storm sewers and sidewalks; and WHEREAS, the Federal Highway Administration through the use of Federal- Aid Urban Funds has agreed to pay seventy-five (75%) percent of the cost of said reconstruction; and WHEREAS, the estimated cost of said reconstruction is $220,000.00; and WHEREAS, the City of Canton's share of said reconstruction cost will be approximately $55,000.00; and WHEREAS, on June 5, 1979, the City Council of the City of Canton, Illinois passed Ordinance No. 719 proposing the establishment of a special service area on the North half (N z) of East Myrtle Street between the East line of North Eleventh Avenue and the West line of North Fifteenth Avenue for the purpose of borrowing $35,000.00 to pay a part of the cost of said reconstruction of East Myrtle Street; and WHEREAS, on July 3, 1979, a public hearing was held by the Mayor and City Council of the City of Canton to consider forming said special service area; and WHEREAS, no petition was filed with the City Clerk within sixty (60) days following the final adjournment of said public hearing objecting to the creation of the special service district, the levy or imposition of a tax or the issuance of bonds for the provision of special services to said area; and - 1 - ~; WHEREAS, on July 30, 1979, the City Council of the City of Canton, Illinois passed Ordinance No. 728 making the annual appropriation for the City of Canton; and WHEREAS, the sum of $95,000.00 was appropriated by said ordinance for streets and parking; and WHEREAS, the City of Canton's share of the cost for the reconstruction of East Myrtle Street shall be paid from the funds generated by the formation of the above described special service area and from the funds set aside in the above described appropriation ordinance for street improvements. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CANTON, ILLINOIS, AS FOLLOWS: 1. The City Council finds as facts the recitals hereinabove set forth. 2. The City of Canton will pay its share of the cost for the recon- struction of a section of East Myrtle Street between the East curb line of North Eleventh Avenue and the West curb line of North Fifteenth Avenue in the City of Canton. 3. This Resolution shall be in full force and effect upon its passage by the City Council of the City of Canton, Illinois and approval by the Mayor thereof. PASSED by the City Council of the City of Canton, Illinois and -t N APPROVED by the Mayor thereof this ~p day of n~~> (f F/Y) (~~ /P 1979. APPROVED : i%-'~~ MAYOR HARLAN E. CROUCH ATTEST: CITY CLERK NANC S. WHITES - 2 -