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HomeMy WebLinkAboutResolutions - RS-93-28 - 08/18/1993 - Approve local match for Green StreetRS-93-28 RESOLUTION APPROVING LOCAL MATCH FOR GREEN STREET IMPROVEMENTS WHEREAS, the City of McHenry is a member of the McHenry County Council of Mayors; and WHEREAS, the McHenry County Council of Mayors has adopted policies for the implementation of the STP program of the Intermodal Surface Transportation Efficiency Act of 1991; and WHEREAS, those policies require that to receive STP funding, a project sponsor must submit a STP project application and a resolution stating that the local match for that project will be available within three years; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of McHenry go on record that McHenry applies for STP funding for the Green Street Phase II improvements. BE IT FURTHER RESOLVED, that the City of McHenry hereby agrees that it will allocate the required local match, estimated to be $97,800.00 to the improvement of Green Street, within three years of the date of approval and listing on the McHenry County Council of Mayors' Guaranteed Project Funding List. PASSED and APPROVED this 18th day of August, 1993. d ATTEST: