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Resolution 2005-10 Project: Yorkville L17 #: 1563 apps' � O RESOLUTION OF INTENT REGARDING NATIONAL FLOOD INSURANCE Whereas application provisions for loans from the Public Water Supply Loan Program require compliance with the National Flood Insurance Act of 1968, as amended, and Whereas the costs 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 Citv of Yorkville will cooperate and coordinate with the National Flood Insurance Program to acquire and maintain any flood insurance made available for Project L17# 1563 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. Resolved this �6" day of 20 1 •, Name: .� Title: Mavor (Mayor, Village President, etc.) Certified to be a true and accurate copy, passed and adopted on the above date. I Title: Clerk (Clerk, Secretary, etc.) (SEAL)