HomeMy WebLinkAboutReso 75-18 SRF Application**61101061,lk skik f-
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STATEOF THE CITY OF MORRO BAY, CALIFORNIA
AUTHORIZING THE DIRECTOR OF PUBLIC WORKS TO APPLY FOR
•LVING FUND FINANCIAL ASSISTANCEFOR i •
•F THE WATER RECLAMATION. iM THE STATE WATER QUALITY • •
ACTION30ARD AND AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT, AND ANY OTHER
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FOR THE PURPOSESOF •.
ity of Morro Bay, California
WHEREAS, the City of Morro Bay ("City") is actively pursuing development of a Water
Reclamation Facility (the "Project") that will provide treated disinfected recycled water to supplement the
City's water portfolio; and
WHEREAS, the State of California State Water Resources Control Board (SWRCB) has State
Revolving Fund (SRF) loan funding available for the construction of the Project; and
WHEREAS, it is in the public interest to pursue SRF loan funding for the Project; and
WHEREAS, the SWRCB requires the City to authorize a designated representative to sign and
file on behalf of the City an SRF Loan Application to obtain a loan to fund construction efforts for the
Water Reclamation Facility; and
WHEREAS, the SWRCB requires the City to provide the assurances, certifications and
commitments required for the SRF Loan Application, including executing an SRF Loan Agreement with
the SWRCB and any amendment or changes thereto; and
WHEREAS, SWRCB requires the City to designate a representative of the City to carry out the
City's responsibilities under the Loan Agreement, including certifying disbursement requests on behalf of
the City and compliance with applicable state and federal laws.
NOW, THEREFORE, BE IT RESOLVED by the City Council of -the City of Morro Bay, as follows:
1. The Public Works Director/City Engineer is hereby authorized and directed to sign and file, for
and on behalf of the City, a Financial Assistance Application for a financing agreement from
the State Water Resources Control Board for the planning, design, and construction of Water
Reclamation Facility (the "Project"); and
2. If funding is approved, the Public Works Director/City Engineer is hereby authorized to sign
the loan agreement, subject to approval by the City Attorney, and take other actions as
required by the agreement; and
3. The Public Works Director/City Engineer is hereby designated to provide the assurances,
certifications, and commitments required for the financial assistance application, including
executing a financial assistance agreement from the State Water Resources Control Board
and any amendments or changes thereto. The Public Works Director/City Engineer is hereby
designated to represent the City in carrying out the City's responsibilities under the financing
agreement, including certifying disbursement requests on behalf of the City and compliance
with applicable state and federal laws.
PASSED AND ADOPTED by the City Council of the City of Morro Bay at a regular meeting
thereof held on the 25th day of September 2018 by the following vote:
AYES: Irons, Davis, Headding, MakowetskiI McPherson
NOES: None
ABSENT: None
ABSTAIN: None
MIL. IRONS, Mayor ,
ATTEST:
CIANA SWANSON, City Clerk