HomeMy WebLinkAbout767-19 SRF Request for Funding WWTP Loan No. 510530 INSTR#2019210827 OR BK 10021 PG 267 Page 1 of 2
12/12/2019 10:22 AM Rcpt:2116539 Rec:18.50 DS:0.00 IT:0.00
Nikki Alvarez-Sowles,Esq.,Pasco County Clerk&Comptroller
76-19-02 FL SRF Loan CW510530 WWTP Upgrades and Reclaimed Water Projects
RESOLUTION 767-19
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; DESIGNATING AUTHORIZED
REPRESENTATIVES; PROVIDING ASSURANCES; PROVIDING
FOR CONFLICTS,SEVERABILITY,AND EFFECTIVE DATE.
WHEREAS,Florida Statutes provide for loans to local government agencies to finance
the construction ofwastewater 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 as eligible for available funding;and
WHEREAS;the City ofZephyrhills,Florida,intends to enter into a loan agreement with
the Department ofEnvironmental 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 incorporatedhereinbyreference and made apart hereof.
SECTION II. The City ofZephyrhills,Florida,is authorized to apply for aloan to finance
construction associated with the wastewater treatment plant improvement associated with WW
Loan 51053.
SECTION III. The revenues pledged for the repayment of the loan are net water and sewer
system revenues after payment ofState 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 Kenneth M. Burgess,Jr. 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 Kenneth M.Burgess,
Jr. is authorized to represent the City in carrying out the City's responsibilities under the loan
agreement. Council President Kenneth M. Burgess, Jr.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 ofany other section or part ofthis Resolution.
SECTION IX. This Resolution shall become effective immediately upon its passage
and adoption.
OR BK 10021 PG 268 Page 2 of 2
PASSED and ADOPTED this 9th day of December 2019.
A-Tt ST - so\ ' OF ZEPHYR LS
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Lo1•L.Hillman;City Clerk M eth . :' rge ,J,. Co • cil President
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Ge -Whitefield,May
APPROVED AS TO FORM AND CONTENT
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Matthew E.Maggard,City Attorney