WHEREAS, the State of Ohio created the Ohio Public Works Commission for consideration of Infrastructure Reconditioning Grants for local governments, and;
WHEREAS, financial assistance from the Ohio Public Works Commission has been approved in the amount of $636,509 for the South Main Street Improvements project.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF GRANVILLE, OHIO, that
Section I: The Village Manager is hereby authorized and directed on behalf of the Village of Granville, Ohio, to enter into a project loan agreement, attached hereto as Exhibit A, with the Ohio Public Works Commission. Section II: This resolution shall take effect and be in full force immediately upon passage.