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Resolution 1997-25 STATE OF ILLINOIS ) )ss 10/27/97 COUNTY OF KENDALL ) RESOLUTION NO: 1997 RESOLUTION OF INTENT REGARDING NATIONAL FLOOD INSURANCE WHEREAS, application provisions for loans from the WATER POLLUTION CONTROL REVOLVING FUND requires compliance with THE NATIONAL FLOOD INSURANCE ACT OF 1968, as amended, and WHEREAS, the cost of securing and maintaining flood insurance are eligible for loan participation during the approved construction period , and WHEREAS, failure to secure flood insurance for eligible construction located in designated flood hazard areas will cause this construction to become ineligible for loan funds: NOW THEREFORE, be it resolved that THE UNITED CITY OF YORKVILLE will cooperate and coordinate with the NATIONAL FLOOD INSURANCE PROGRAM to acquire and maintain any flood insurance made available for REHABILITATION OF SANITARY SEWERS AND MANHOLES PROJECT L17-1153 for the entire useful life of the insurable construction pursuant to the Flood Insurance Act of 1968, as amended and that it will secure said flood insurance for each insurable structure as soon as said insurance is available and will notify the Illinois Environmental Protection Agency in writing that the National Flood Insurance requirement has been satisfied. PASSED AND APPROVED THIS DAY OF ly� � , 1997. OR ATTEST: CITY CLERK SEAL R-FLOOD