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Resolution 1993-09 RESOLUTION No. CITY OF YORKVILLE Resolution of the United City of the Village of Yorkville, to borrow money from Kendall County Economic Development Commision for the purpose of Capital Improvements. WHEREAS, the Mayor and City Council has decided it is in the best interests of the community to upgrade and expand the infrastructure within the corporate limits of the City of Yorkville; WHEREAS, as part of the financial plan was to borrow money from Kendall County Economic Development Commision to complete these projects; NOW THEREFORE, BE IT RESOLVED, by the City Council of the United City of the Village of Yorkville, Kendall County, Illinois, authorize the Mayor to enter into agreement with The Kendall County Economic Development Commision for the purpose of borrowing funds up to $700,000 for the following: 1. Expansion of water and sewer referred to in the 1993-1994 budget as South Water/Sewer Extension. 2. Expansion of water and sewer referred to in the 1993-1994 budget as North Water/Sewer Extension. PASSED this 12TH day of AUGUST. 1993 APPROVED this 12TH day of AUGUST, 1993 Mayor Kenneth K. Kittoe ATTEST: 1 City Clerk Jacqueline Allison