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RESOLUTION
AUTHORIZING THE EXECUTION OF A CENTRAL BUSINESS DISTRICT
ECONOMIC DEVELOPMENT DEMONSTRATION PROJECT
WHEREAS, the City of Elgin has determined that it is appropriate
to encourage the revitalization of the Central Business District; and
WHEREAS, the City of Elgin has provided an allocation of Housing
and Community Development Block Grant funds for Central Business
District revitalization purposes; and
WHEREAS, the execution of a Central Business District economic
development demonstration project will further the formulation of an
economic development program assisting such revitalization; and
WHEREAS, the City of Elgin is a home rule unit within the meaning
of the Constitution of the State of Illinois and is authorized to
exercise any power and perform any function relative to its government
affairs; and
WHEREAS, it is within the government affairs of the City of Elgin
and in the interest of the public health, safety and welfare to promote
the revitalization of the Elgin Central Business District.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ELGIN, ILLINOIS, that the City Manager is hereby authorized and directed
to execute and file such instruments and documents as may be required to
implement a Central Business District Economic Development Demonstration
Project.
s/ Richard L. Verbic
Richard L. Verbic, Mayor
Presented: September 12, 1983
Adopted: September 12, 1983
Vote: Yeas 7 Nays 0
Recorded:
Attest:
s/ Marie Yearman
Marie Yearman, City Clerk