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R93-154 AUTHORIZING INTER-GOVERNMENTAL COOPERATION AGREEMENT
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R93-154 AUTHORIZING INTER-GOVERNMENTAL COOPERATION AGREEMENT
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Last modified
7/14/2016 4:02:27 PM
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7/14/2016 4:02:21 PM
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Resolution/Ordinance
Res Ord Num
R93-154
Res Ord Title
AUTHORIZING INTER-GOVERNMENTAL COOPERATION AGREEMENT WITH SANITARY DISTRICT OF DECATUR
Approved Date
10/18/1993
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lrttergoveilunental Cooperatx�n �gre:.m;;nt <br /> Stal�v Sew•er Rehabilita�ion <br /> Page _J , <br /> �� FL�VDINGAND REPAI';1IENT <br /> 11us project will-be fiuided by�a l�an from die St�te of Illuiois Water Pollution Cuntro] Revohvig <br /> Fund(��'PCRF�ro the DISTRIC'T. <br /> Ttie loan will be repa�d by die DISTRICT in accc.�rdance��tti the State Loan requuements. <br /> The loan will be for a tenn of tu�e�ity(20)years at 3A 15°o sitnple iriterest on the iuipaid principal <br /> balarue. Principal and u�terest will be payable in semi-aruival u�stallmerits begiruiuig ttuee c_3) <br /> montl�s after the DISTRICT has accepted the rehabilitation project. Ttie CIT�'agrees to pay to the <br /> DISTRICT,the above mer�rioned loan repa}�nent stun wit�un fifteen I 15)days after irn�oice tuitil all <br /> � - sums are paid in full. <br /> � .�iy other expenses that arise from tlus project,uicluciu�g but not lunited to profe�sion�l�en�ces <br /> rendered by Bau�bnd�e.Gze. 1-til�lsla and A:sociate:,and are tiot loa�i eligible«�il] be uivoic�d tc� <br /> tt�e CITY. The CIT�'agrzes to reunburse the DISTRICT for irrvuiced e�pen�es�i�tlivi btteen t 1�� <br /> da}�s of ui��oice. <br /> l0� SUURCE OF PAI��iE��r <br /> Tlie CIT1'hereby pl�d�es its fiill Eaitti and craclit for the repa}�nent of ttie loan herzby d�scribed. <br /> I 1) AGRECA1El�T FOR FaCILITY PL:�\' REVISION <br /> Thz Saiutary Distnct has empluyed the firm of Bautt�ncige,Gee,Milaris}:i<Sr..�ssociates, (nc. of <br /> 1 ti70 Suutli Tay�lon�ille Road,Decahu,Illinois o_'>21 to make tlie Seventti Americimerit to d�e <br /> Fi1C1I1hZS PI3lllllll�Report. Ttus report consists of the plaluwig frn�t�ie Stale�•Se«�er Rehabilitation <br /> :111CI fI12��BIlIll11� for the?lbrfolk�C�Vestem Tnuik Se�c�er Pha�es I &II. <br /> ?1��ccst for ttu�.jm�ncl�n�nt i,six th��us��nd fi��e I1l1ilCI1"C(�CIQIl.us,a»d thz co;t prc�pornoning i>. <br /> '1 C'itv ut Uarattu o�°o or ti,ttr thc�us�u�d n��o hundrzd h��enty-five dollars��d,�,;.U01 attd th� <br /> f � <br /> S.uiitlr}r Distnct ��°�or t���o[hous.uid t�vo huncL•�d;z��znn� h��e dotlars��?,??�00 f. <br />
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