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r <br /> RESOLUTION NO. 9-84 <br /> ` Project: ELK GROVE VILLAGE <br /> C17 2318-03 <br /> .RESOLUTION OF INTENT REGARDING NATIONAL FLOOD INSURANCE <br /> Whereas regulations of the U.S. Environmental Protection Agency, <br /> 40 CFR 35 E, require compliance with the National Flood Insurance Act <br /> of 1968, as amended, and, <br /> Whereas grant conditions of the Illinois Environmental Protection Agency <br /> require compliance with the National Flood Insurance Act of 1968, as <br /> amended, and <br /> Whereas the National Flood Insurance Act of 1968, as amended, requires <br /> the purchase of flood insurance for all eligible construction located <br /> within a designated flood hazard area which construction is financed <br /> either partially or in whole by Federal or State funds, and <br /> Whereas the costs of securing and maintaining flood insurance are <br /> eligible for Federal and State grant participation during the approved <br /> construction period, and <br /> Whereas failure to secure flood insurance for eligible construction <br /> located in designated flood hazard areas will cause this construction to <br /> become ineligible for Federal or State grant funds; <br /> Now therefore, be it resolved that the Village <br /> of Elk Grove Village will cooperate and coordinate with the <br /> National Flood Insurance Program to acquire and maintain any flood <br /> insurance made available for Project C17 2318-03 for the entire <br /> useful life of the insurable construction pursuant to the Flood Insurance <br /> Act of 1968, as amended and that it will secure said flood insurance for <br /> each insurable structure, as soon as said insurance is available and <br /> will notify the Illinois Environmental Protection Agency in writing that <br /> the National Flood Insurance requirement has been satisfied. <br /> Resolved this 28th day of February, 84 <br /> , <br /> Name'. <br /> Title: VILLAGE QRESIDEf9 <br /> (Mayor, village Pr3sldent, Etc. ) <br /> Certified to be a true and accurate copy, passed and adopted on the above <br /> date. <br /> Nam'�-I, <br /> Title: VILLAGE CLERK <br /> (Clerk, Secretary, Etc.) <br /> (Seal ) <br />