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HomeMy WebLinkAboutResolution 1803_ ~ A Resolution ~~o~~ -~~s~at~~a~~~~~ ~~~: ~~::: RESOLUTION REQUESTING TO BE INCLUDED ON THE TF-XA.S WATER DEVELOPMENT BOARD FISCAL YEAR 1991 IlV'IENDED USE PLAN THE STATE OF TF~XAS § COUNTY OF TARRANT § CITY OF FORT WORTH § WHEREAS. the City of Fort Worth, Texas. (City) has reviewed its wastewater needs and found that it is necessary to construct wastewater facilities to meet those needs; WHEREAS, the City deems it necessary to express its interest and commitment to seek funds from the Texas Water Development Boazd's (Board) State Water Pollution Control Revolving Fund (SRF) in order to finance its wastewater needs; ~ WHEREAS, in order to secure future financing from the SRF, the City must make certain com- mitments to the Boazd to be placed on the Board's Intended Use Plan; and WHEREAS. the City has determined that it has the financial capability to finance projects through the SRF to meet its wastewater needs: NOW, THEREFORE, BE TT RESOLVED BY THE CITY COUNCIL OF THE CTIY OF FORT WORTH, TEXAS: • 1. That the City will take necessary actions to fund the project designated as Phase II C Expansion (2524-3) primary area through a loan from the SRF from the Texas Water Development Board. 2. That the City is hereby inforniing the Board of its desire to receive financial assistance in the amount of $19,900,000 from the Board's SRF within 12 month of the date of approval of the capitalization grant award to the Boazd by the U. S. Environmental Protection Agency. I 3. That the City will file an application for a loan from the SRF within the time frame specified in Chapter 375 of the Board's Rules. 4. That the City will strictly adhere to the project schedule negotiated with the Boazd and will meet all federal and state requirements. 5. That a certified copy of this Resolution shall be submitted to the Board to insure that the City will be included in the Fiscal Year 1991 Intended Use Plan. >~~P~OV~''D 8Y PASSED THIS~~,~-r~/ DAY OF 1992. O~~Y COU~OI~ ~~~ 4 1992 l~t~lh ~i~~_ 1~ A ~ ~ ~ ~ E`_ity Secze'•cxY' orW'"e CITY OF FORT WORTH