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HomeMy WebLinkAboutResolution # 3742RES~OLUTZON MMt1, ;,TINE LOCAL,~UNDS 3742 Resolution No. WHEREAS, the City Council ofthe City of Canton, Illinois has taken action to submit an Illinois Community Development Assistance Program (CDAP) public facilities application, WHEREAS, receipt of CDAP grant assistance is essential to allow the City of ant n to undertake the project to make improvements to the sanitary sewer,~stem within the targeted area of the community, WHEREAS, criteria of CDAP are such that financial participation by the grantee is required in conjunction with CDAI~ funds, and WHEREAS, the City of Canton has certain monies allocated for the above-referenced project with cash on hand, as needed. NOW, THEREFORE, BE IT RESOLVED THAT the City of C n on does hereby commit funds for use in conjunction with an Illinois Community Development Assistance Program grant, such funds to equal 25% of the estimated total project cost of $45,000.00, or $113,750.00. PASSED and APPROVED at its regular City Council Meeting, held an the 20~` day of Decgmber, X005. (date required) w Mayor ATTEST: 0~ ,p ~ ~ ~ ! t ~~(~ City Clerk 62