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HomeMy WebLinkAboutResolutions - RS-93-27 - 06/30/1993 - Support for RLF to Julie SadlierRS-93-27 COUNCIL RESOLUTION OF SUPPORT WHEREAS, Julie A. Sadlier, d/b/a Ecological Concepts, L.P., has applied to the City of McHenry, Illinois for gap financing under the City of McHenry Revolving Loan Fund; and WHEREAS, an application was made and presented to the City Council's Revolving Loan Fund Loan Committee by Julie A. Sadlier, d/b/a Ecological Concepts, L.P., and agreements will be entered into by said Julie A. Sadlier with the City of McHenry. NOW, THEREFORE, BE IT RESOLVED, as follows: 1. That Julie A. Sadlier, d/b/a Ecological Concepts, L.P., applying for a loan under the terms and conditions of the City of McHenry, shall enter into and agree to the understandings and assurances contained in said application. 2. That the Loan Committee has authorized the preparation of the application agreements on behalf of Julie A. Sadlier, d/b/a Ecological Concepts, L.P., for a loan from the Revolving Loan Fund of the City of McHenry. 3. That the Loan Committee made its recommendations to the City Council for approval of said application at the regular City Council meeting on June 30, 1993. PASSED and APPROVED this 30th day of June, 1993. Mayor ATTEST: City Clerk , (S EA'Lr