BY COUNCILOR STOVER:
RESOLVED, that the proper city officials are hereby authorized to enter into an agreement with the United States department of the Army, a copy of which agreement is on file in the office of the city clerk as Public Document No. __________, authorizing the city to accept a grant in the estimated amount of $500,000 for the Morgan Park wastewater collection system improvement project, which funds shall be deposited into Fund 0530, Agency 500, Organization 1900, Revenue Source 4210-01.
STATEMENT OF PURPOSE: This resolution will authorize execution of a $500,000 grant agreement with the U.S. Army corps of engineers to fund a portion of the cost for the replacement and rehabilitation of sanitary sewer lines in Phase IV area of Morgan Park. This grant is being made pursuant to Section 509 of the Federal Water Resources Development Act of 1999.