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<br />j"') <br />t ",.I ,~..; <br /> <br />.. <br /> <br />TUESDAY <br /> <br />JULY 25, 1978 <br /> <br />Development Action Grant Program, supplemented with City of Martinsville <br />funds, to finance the cost of constructing water system improvements for <br />the City of Martinsville, details of which proposed improvements were <br />supplied with said pre-application; and, <br /> <br />WHEREAS, the City of Martinsville, Virginia, has been informed that <br />said pre-application has been accepted by the appropriate Federal agency <br />to the extent that an invitation has been extended to the City of <br />Martinsville to file a formal application for UDAG funding, supplemented <br />with City of Martinsville funds, for the purposes set forth in said <br />pre-application; now. therefore, <br /> <br />BE IT RESOLVED by the Council of the City of Martinsville. Virginia, <br />in regular meeting assembled, that it does hereby direct and authorize <br />the filing of said formal application. including all understandings and <br />assurances therein, with the appropriate Federal agency. for the purposes <br />set forth therein and as set forth in said pre-application; and <br /> <br />BE IT FURTHER RESOLVED by said Council that Thomas B. Noland, the City <br />Manager of the City of Martinsville, is hereby authorized and directed <br />to serve as the City's official representative in connection with said <br />application and, also, to provide such additional information as may be <br />required in connection therewith. <br /> <br />WHEREAS. by resolution duly adopted July 25. 1978, the Council of the <br />City of Martinsville, Virginia, authorized the filing of an application <br />with the appropriate Federal agency for the purpose of obtaining UDAG <br />funding, supplemented with City of Martinsville funds, to finance the <br />cost of constructing certain water system improvements projects for the <br />City of Martinsville, details of which proposed improvements are being <br />supplied with said application; and <br /> <br />WHEREAS, the cost of said proposed water system improvements is estimated <br />at $3,240,000.00, of which amount the City of Martinsville is seeking <br />$3,090.000.00 from Urban Development Action Grant Program funds, with the <br />remaining $150,000.00 of the estimated total cost to be funded by the <br />City of Martinsville, Virginia; now, therefore, <br /> <br />BE IT RESOLVED by the Council of the City of Martinsville, Virginia, in <br />regular meeting assembled. that it does hereby assure said Federal agency <br />that said local cost sum of $150.000.00 is hereby made available toward <br />the cost of constructing said water system improvements; and. <br /> <br />BE IT FURTHER RESOLVED by said Council that said <br />hereby made available for said purpose shall not <br />otherwise replaced by UDAG funds. if granted. <br /> <br />sum of $150,000.00 <br />be reduced, diminished, or <br />