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Resolution 1992-16 . 1 Resolution Number 92- _ Resolution Authorizing Retention of Grant Firm and Application for Grant and Low Interest Loan BE IT ORDAINED, by the City Council of The United City of the Village of Yorkville, Kendall County, Illinois : WHEREAS, the Mayor and the City Council of The United City of the Village of Yorkville, deem it to be in the best interest of quarterly growth and provision for adequate public sewer and water services for the citizens of The United City of the Village of Yorkville to provide for extension of sewer main and water main ; and WHEREAS, certain grants and low interest loans are available from the Illinois Development Finance Authority and the Illinois Department of Commerce and Community Affairs, and WHEREAS, an application would need to be made for said grants and low interest loans, as well as detailed applications and paper work beyond the ordinary scope of work of those persons employed by the United City of the Village of Yorkville, and WHEREAS, the firm of Development Services Group, Inc. has presented the United City of the Village of Yorkville with a tentative proposal for applying for said low interest loans and grants on behalf of said City for the purpose of aquiring funds to extend sewer and water mains to the north side of said City : NOW THEREFORE, the City Council and the Mayor of The United City of the Village of Yorkville, upon motion duly made, seconded, and approved, hereby authorize the Mayor and the City Clerk of The United City of the Vilage of Yorkville to enter into and agreement to aquire the services of Development Services Group, Inc. for the prepartion of such a applications as the City deems necessary to apply for grants and low interest loans with the above named governmental agencies. It is further ordained by the City Coucil of The United City of the Village of Yorkville that the Mayor and City Clerk shall have authority to execute the application for any low interest loan or grant to either the Illinois Development Finance Authority or the Department of Commerce and Community Affairs. 1 WIT ESS WHEREOF, this Resolution has been enacted this ,Lo� y of , 1992. Passed this 141y of --1992. - Z MA OR i Approved this -Ida of 1992. CITY LERK