HomeMy WebLinkAboutResolution 3427-10-2006A, Resolution
NO 342710-2006
RESOLUTION REQUESTING FINANCIAL ASSISTANCE FROM
THE TEXAS WATER DEVELOPMENT BOARD FROM THE CLEAN WATER STATE
REVOLVING FUNDS
Whereas, the Texas Water Development Board s mission is to provide leadership, techzucal
services, and financial assistance to support planning, conservation and responsible development of
water for Texas, and
Whereas, the Clean Water State Revolving Funds provides low interest loans for wastewater
treatment and sewer systems to assist communities in meeting the requirements of Clean Water Act; and
Whereas, the City of Fort Worth, Texas, (the `City") deems it necessary to apply to the Texas
Water Development Board for financial assistance in an amount not to exceed $33,600,000 00 for
acquisition, improvements and extensions to the City's Water and Sewer System, to wit, improvements
and extensions to the water system, and
Whereas, in 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, it 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 $33,600 000 00 to the City for acquisition, improvement and extension of
the City's Water and Sewer System, to wit, improvements and extensions to the wastewater
system, all as further described in the application for fmancial assistance.
2.
That the City Manager of the City is hereby authorized to execute and submit to the Texas Water
Development Board the application for such financial assistance; and the City Manager, together with the
Bond Counsel, Financial Advisor and Consulting Engineers named in such application, are hereby
authorized to appear before the Texas Water Development Board in support of such application and
project. ,,,,may„
No 3427 10-2006
That the City Manager is further specifically authorized to make the required assurances to the
Texas Water Development Board in accordance with the rules, regulations and policies of the
Texas Water Development Board.
4
That it is hereby found and determined that the City cannot reasonably finance the proposed
project without financial assistance in 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.
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.
Adopted this 24th day of __ October_~W, 2006
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~ Marty Hendrix ~~ `vim
~ 'City Secretary
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APPROVED
ciTY cou~c~L
OCT 2 4 2006
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City Secretary of the
City of Fort Worth, Texas