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HomeMy WebLinkAboutResolution #3216 RESOLUTION NO. 3 ~:~6 A RESOLUTION COIrIIrIITTING LEVERAGING FUNDS BY THE CITY COUNCIL OF THE CITY OF CANTON, ILLINOIS FOR AN ILLINOIS DEPARTMEN'P OF TRANSPORTATION ENHANCEI~'si'P GRANT FOR THE RESTORATION OF THE DBPOT, LOCATED IN THE CITY OF CARTON, ILLINOIS. WHEREAS, the Illinois Department of Transportation, under an Enhancement Program, has awarded the City of Canton a grant for the restoration of the former CB&Q depot; and, WHEREAS, the Illinois Department of Transportation requires the passage of a resolution by the Canton City Council providing for a firm commitment of local funds in the amount of $49,674.00 for this project in order to receive this Enhancement Program grant; and, WHEREAS, the City of Canton, Illinois is desirous of receiving the Enhancement Program grant funds. HOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CANTOR, Fulton County, Illinois as follows: 1. That the city commit $49,674.00 of local funds for this project. 2. That the Mayor and City of Canton comply with all conditions necessary to receive the Illinois Department of Transportation Enhancement Program grant. 3. That the Mayor and City Clerk on behalf of the City of Canton execute and deliver such documents necessary to receive said grant. 4. That the Mayor and City CLerk are authorized to provide such additional information as may be required to accomplish the obtaining of such grant. 5. That the City of Canton, Illinois hereby commits itself to the amount of $/9,674.00 in leveraging funds. Such funds shall be from the Tax Increment Funds. Such commitment is hereby conditional upon the city's receipt of the Enhancement Program grant funds. 6. That this Resolution shall be in full force and effect immediately upon its passage by the City Council of the City of Canton, Fulton County, Illinois and approval by the Mayor thereof. PASSED by the City Council of the City of Canton, Fulton County, Illinois at a regular meeting this 5th day of April, 1994, upon a roll call vote as follows: AYES: Aldermen Chapman, May, Meade, Sarff, Phillips, Molleck, Coat'. HAYS: None. ~S~' Alderman Bohler APPROVED: onal war a, Mayor ATTEST 'I , ~ ¢ ~ ancy Whit , City Clerk