HomeMy WebLinkAboutResolution 5875-01-2024 (2)A Resolution
NO. 5875-01-2024
REQUESTING FINANCIAL ASSISTANCE FROM THE TEXAS WATER
DEVELOPMENT BOARD IN THE AMOUNT OF $59,000,000.00 FROM THE
CLEAN WATER STATE REVOLVING FUND FOR THE WATER DEPARTMENT'S
VILLAGE CREEK WATER RECLAMATION FACILITY PRIMARY CLARIFIERS
1-12 REPLACEMENT AND IMPROVEMENT PROJECT
WHEREAS, the Texas Water Development Board's mission includes providing
leadership , technical services , and financial assistance to support planning , design , and
construction for water reuse in Texas ; and
WHEREAS, the Clean Water State Revolving Fund provides low interest loans
for public wastewater treatment facilities and collection systems and assists communities
in meeting the requirements of the federal 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 $59 ,000 ,000.00 for replacing and improving Primary Clarifiers 1-12 at the
Village Creek Water Reclamation Facility; and
WHEREAS, in accordance with the rules and regulations for making such
application to the Texas Water Development Board, the City Council 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:
Section 1. The Texas Water Development Board is hereby requested to grant
financial assistance in an amount not to exceed $59 ,000,000.00 for replacing and
improving Primary Clarifiers 1-12 at the Village Creek Water Reclamation Facility.
Section 2. The City Manager is hereby authorized to execute and submit to the
Texas Water Development Board an application for such financial assistance; and the
City Manager, together with the City 's Bond Counsel , Financial Advisors , 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.
Section 3. The City Manager is further s p ecifically 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.
Section 4. It is hereby found and determined that the City cannot reasonab l y
finance the proposed project without financial assistance in the amount requested , and
that the nature of the improvements proposed to be financed necessitate an immediate
and urgent consideration of this application .
Section 5. A certified copy of this Resolution shall be attached to the application
for financial assistan ce herein auth orized to be prepared and submitted to the Texas
Water Development Board.
Adopted this 23 r d day of January , 2024.
ATTEST:
Jannette S. Goodall, C ity Secretary