HomeMy WebLinkAboutResolution #3658RESOLUTION NO. 3658
A RESOLUTION AUTHORIZING THE BORRWOING OF FUNDS TO
FINANCE THE CITY BUILDING, 2 N. MAIN STREET, CANTON, ILLINOIS
WHEREAS, that First Bank of Canton has agreed to finance the purchase of said
building by lending money to the City; and,
WHEREAS, it is necessary to authorize the Mayor and City Clerk to execute the
documents necessary to effectuate said loan.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF CANTON, Fulton County, Illinois as follows:
1. That the corporate authorities of the City of Canton they are hereby
authorized to implement the council actions pertaining to the borrowing of
funds from First Bank of Canton in connection with the purchase of the
City Building pursuant to the lease contract copy attached.
2. 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 lstday of J~-Y , 2003 upon a roll call vote.
AYES: Aldermen Reed, FillinghaQn, Ham, Sarff, ?Jest, Hartford.
NAYS: None.
ABSENT: AI-derme~.z Carl, Molleck.
Approved:
~ _
erry M. Bohler, Mayor
Attest:
~ ~
Nancy Whites, ity Clerk