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RESOLUTION NO. R2013- 55 <br /> RESOLUTION APPROVING THE CITY OF DECATUR TO ENTER INTO A <br /> TEMPORARY CASH ADVANCE AGREEMENT WITH THE DECATUR PUBLIC <br /> LIBRARY BOARD OF TRUSTEES WHEREBY THE CITY WILL ADVANCE <br /> SUFFICIENT CASH TO THE DECATUR PUBLIC LIBRARY BOARD OF TRUSTEES <br /> FOR THE PURPOSE OF FUNDING THE LIBRARY PAYROLL AND OTHER <br /> OPERATING EXPENSES UNTIL SUCH TIME THAT THE LIBRARY RECEIVES THE <br /> JUNE 2013 PROPERTY TAX DISTRIBUTION FROM THE MACON COUNTY <br /> TREASURY AND THE TEMPORARY CASH ADVANCE IS REPAID IN FULL TO THE <br /> CITY OF DECATUR <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DECATUR, <br /> ILLINOIS: <br /> Section 1. That the Temporary Cash Advance Agreement presented to the City Council <br /> herewith between the City of Decatur Illinois, and the Board of Library Trustees of the City of <br /> Decatur Illinois,be, and the same is hereby, received,placed on file, and approved. <br /> Section 2. That the Mayor and the City Clerk be, and they are hereby, authorized and <br /> directed to sign said temporary cash advance agreement in substantially tl�e'same form as <br /> presented on behalf of the City of Decatur, Illinois. 'I <br /> i <br /> PRESENTED and ADOPTED this 3rd day/of June, 20 <br /> k <br /> A J//' <br /> MAYOR <br /> ATT <br /> CIT L <br /> 133 <br />