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<br />RESOLUTION NO. 425 <br /> <br />v.lHEREA S, the Villag e of Ro seville on May 17, 1959 made application to <br />the United States Government, under the provisions of Public Law s60 - <br />83rd Congress as amended, for an advance of $20,000.00 to aid in financ- <br />ing the Cost of Predliminary plan r,;.'e1:-'aration for a waterworks system for <br />the Village; and <br /> <br />WHEREAS, the Village of Roseville on February 23, 1960 accepted the <br />offer of the United states Government, acting qy and through the Housing <br />and Home Finance Administrator, Agency of Community Facilities Administra- <br />tion, in making an advance of $20,000.00 to aid in financing the cost of <br />preliminary planning of a waterworks system for the Village of Roseville, <br />said offer being made on February 11, 1960; and <br /> <br />IniEREAS, the Village of Roseville has completed the preli~inary <br />planning of a waterworks system and has submitted same to the United States <br />Government, Housing and Home Finance A,gency of the Community Facilities <br />Administration; and <br /> <br />WHEREAS, the Village of Roseville on December 27, 1960 submitted a <br />request for review and approval of the planning documents by the United <br />States Government, Housing and Home Finance Af,ency of t he Community Facil- <br />ities Administration; and <br /> <br />~lHE~S, the United states Government, Housing and Home Finance Agency, <br />has submitted a re~lest through the office of the Regional Administrator, <br />Region IV, on February 27, 1961 for additional information relative to the <br />matter of the ability of the Village to finance the improvement as planned <br />in the preliminary plan submitted therefor; <br /> <br />Nmf THEHEFORE BE IT RESOLVED B"/ THE VILLAGE COUNCIL 01 THE VILLA}E OF <br />RO SEVILLE, As follows: <br /> <br />1. That it is the intention of the Village that the construction of <br />said waterworks system will be undertaken in stages, which stages <br />will be integral portions of the over-all plan; <br /> <br />2. That the financial advisors of the Village of Roseville have ad- <br />vised the village council that the undertaking of construction of <br />the proposed improvement in the above manner is within the finan- <br />cial limitations of the Village of Roseville; <br /> <br />3. That the Village of Roseville will make repayment of the advance <br />in accordance with the terms and coniitions as stated in the <br />acceptance of the offer made on February 23, 1960. <br /> <br />17th day of March, 1961. <br /> <br /> <br />v.. },: (14 MAYOR <br /> <br />'. <br /> <br />SE'L <br /> <br />~/Ll-~ <br /> <br />CLERK <br />