HomeMy WebLinkAbout750-18 State Revolving Fund Loan Program - WWTP■
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76-18-01 CW51053 WWTP Upgrades and Reclaimed Water Projects 2018104588
76-18-02 DW51054 Water Main Extension Projects(Drinking Water Facilities)
Rept:1967453 Rec: 18.50
DS: 0.00 IT: 0.00
06/20/2018 D. B. , Dpty Clerk
RESOLUTION 750-18
"A RESOLUTION OF CITY OF ZEPHYRHILLS, FLORIDA, RELATING
TO THE STATE REVOLVING FUND LOAN PROGRAM; MAKING
FINDINGS; AUTHORIZING THE LOAN APPLICATION; AUTHORIZING
THE LOAN AGREEMENT; ESTABLISHING PLEDGED REVENUES; e_
DESIGNATING AUTHORIZED REPRESENTATIVES; PROVIDING r,
ASSURANCES; PROVIDING FOR CONFLICTS, SEVERABILITY, AND
EFFECTIVE DATE."
TL FREAS, Florida Statutes provide for loans to local government agencies to finance the
construction of wastewater treatment facilities; and
WHEREAS, Florida Administrative Code rules require authorization to apply for loans, to
establish pledged revenues, to designate an authorized representative; to provide assurances of
compliance with loan program requirements; and to enter into a loan agreement; and
WHEREAS, the State Revolving Fund loan priority list designates Project No. WW Loan 51053
and DW Loan 50154 as eligible for available funding; and
WHEREAS; the City of Zephyrhills, Florida, intends to enter into a loan agreement with the
Department of Environmental Protection under the State Revolving Fund for project financing.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ZEPHYRHILLS,FLORIDA,AS FOLLOWS:
SECTION I. The foregoing findings are incorporated herein by reference and made a part hereof
SECTION II. The City of Zephyrhills, Florida, is authorized to apply for a loan to finance future
design, construction, and facility planning associated with WW Loan 51053 and DW Loan 50154.
SECTION III. The revenues pledged for the repayment of the loan are net water and sewer system
revenues after payment of State Revolving Fund Loans 805020 and 805030.
SECTION IV. The City Manager is hereby designated as the authorized representative to provide
the assurances and commitments required by the loan application.
SECTION V. -.Council President Lance A. Smith is hereby designated as the authorized
representative to execute the loan agreement which will become a binding obligation in accordance
with its terms when signed by both parties. Council President Lance A. Smith is authorized to
represent the City in carrying out the City's responsibilities under the loan agreement. Council
President Lance A. Smith is authorized to delegate responsibility to appropriate City staff to carry
out technical, financial, and administrative activities associated with the loan agreement.
SECTION VI. The legal authority for borrowing moneys to construct this Project is 403.1835
Florida Statutes.
SECTION VII. All resolutions or part of Resolutions in conflict with any of the provisions of
this Resolution are hereby repealed.
SECTION VIII. If any section or portion of a section of this Resolution proves to be invalid,
unlawful,or unconstitutional,it shall not be held to invalidate or impair the validity,force,or effect
of any other section or part of this Resolution.
SECTION IX. This Resolution ,shall become effective immediately upon its passage and
adoption.
PAULA S.O'NEIL,Ph.D PASCO CLERK & COMPTROLLER
Record and Return to: ;
06 20 2019 yam
m PG 1f9266
City Clerk's Office
5335 8th Street
Zephyrhills, FL 33542
OR BK 9744 PG 1967
2 of 2
PA ',.,)0 anPTED this 11th day of June, 2018.
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,14.o +L! !. _ ijy Lance • . Smith, :uncil President
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Gene 'tfield May,
APPROVED T FORM A D LEG LITY
, /iy ,
Matthew E. Maggard;