HomeMy WebLinkAboutResolution 3565-12-2007A Resolution
NO 3565-12 2007
REQUESTING FINANCIAL ASSISTANCE FROM
THE TEXAS WATER DEVELOPMENT BOARD
Whereas, the Texas Water Development- Board s mission is to provide leadership, technical
services, and financial assistance to support planning, conservation and responsible development of
water for Texas, and
Whereas, the Dnnkmg Water State Revolving Funds provide low interest loans for public
drinking water systems and to assist comrnunrties m meeting the requirements of federal Safe Drinking
Water Act; and
Whereas, the City of Fort Worth (the `City"), Texas, deems it necessary to apply to the Texas
Water Development Board for financial assistance in an amount not to exceed $64,930 000 00 for
acquisition, improvements and extensions to the City's Water and Sewer System, to wrt, improvements
and extensions to the water system, and
Whereas, m accordance with the rules and regulations of the Texas Water Development Board,
which governs the procedures of making such application, the governing body of the City is required to
adopt a resolution to accompany such application, and
Whereas, rt is hereby officially found and determined that the meeting at which this Resolution
was considered was open to the public and public notice of the time, place and purpose of said meeting
was given, all as required by Chapter 551 Texas Government Code.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FORT WORTH, TEXAS
That the Texas Water Development Board is hereby requested to grant financial assistance in an
amount not to exceed $64,930 000 00 to the City for acquisition, improvement and extension of
the City's Water and Sewer System, to wrt, improvements and extensions to the water system, all
as further described m the application for financial assistance.
2.
That the Crty Manager of the City is hereby authorized to execute and submit to the Texas Water
Development Board an application for such financial assistance, and the Crty Manager together
with the City's Bond Counsel, Financial Advisor and Consulting Engineers named m such
4Cl7"1~ ~" ~'~ ~1~~
RESOLUTION NO 3565-12-2007
application, are hereby authorized to appear before the Texas Water Development Board m
support of such application and project.
3
That the City Manager is further specifically authorized to make the required assurances to the
Texas Water Development Board m accordance with the rules, regulations and policies of the
Texas Water Development Board.
4
That rt is hereby found and determined that the City cannot reasonably finance the proposed
project without financial assistance m the amount requested, and that the nature of the
improvements proposed to be financed constitute an emergency and immediate consideration of
this application is requested.
5
That a certified copy of this Resolution shall be attached to the application for financial
assistance herein authorized to be prepared and submitted to the Texas Water Development
Board.
AND IT IS SO RESOLVED
Adopted this 18th day of December, 2007
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.'yi ~ "~~-~~'~~ _ CITY CQUNCIL
B ~ ;f ~ ~. DEC 1 8 2007
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A ...r _,
1VIar._ty Hendrix ~ ~~"~~~
City'-Secretary ,~
:, ;, ~~ ` .,". City Secretary of the
'y :^ :. ~ ,~~ .,,~ City of Fort Worth, Texas
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