HomeMy WebLinkAboutResolutions - R-90-2 - 01/22/1990 - National Flood InsuranceR-90-2
Project: City of McHenry
South WWTP Expansion
L17
RESOLUTION OF INTENT REGARDING NATIONAL FLOOD INSURANCE
Whereas application provisions for loans from the Water Pollution Control
Revolving Fund requires 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 by the City Council of the City of McHenry that
the City of McHenry will cooperate and coordinate with the National Flood
Insurance Program to acquire and maintain any flood insurance made available
for Project L17 for the entire useful life of the insurable
construction pursuant o 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.
Passed and Approved this 22nd day of January 1990.
Mayor
ATTEST:
(SEAL) -
Certified to be a true and accurate copy, passed and adopted on the above date.
(SEAL)