HomeMy WebLinkAboutResolution 1434~t
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RESOLUTION REQUESTING TO BE
INCLUDED ON THE TEXAS WATER DEVELOPMENT BOARD
FISCAL YEAR 1990 INTENDED USE PLAN
THE STATE OF TEXAS
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 Board's
(Board) State Water Pollution Control Revolving Fund (SRF) in order
to finance its wastewater needs;
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 IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FORT WORTH, TEXAS:
1. That the City will take necessary actions to fund the
projects designated as Phase IV-D-2, Second Phase of Computer System
Replacement, Phase I Interceptor UC-1 and Phase I. Interceptors WF-1
and CF-1 through a loan from the SRF from the Texas Water Development
Board.
2. That the City is hereby informing the Board of its desire to
receive financial assistance in the amount of $16,148,762 from the
Board's SRF.
3. That the City will file an application for a loan from the
SRF on or before March 15 of the funding year, and will proceed as
expeditiously as possible to secure a loan commitment from the Board.
4. That the City will strictly adhere to the project schedule
negotiated with the Board and will meet all federal and state
requirements.
5. That a certified copy of this Resolution shall
to the Board to insure that the City will be included
Year 1990 Intended UsQe~Pljan.
PASSED THIS I U da of ~ 1989,
y ,
be submitted
in the Fiscal
APPRUVED BY
CITY COtiNCll
JUL 18 198!1
Cd~'Y OF FONT ~1IO~TB
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