Loading...
HomeMy WebLinkAboutRES NO 125-96(2)RESOLUTION NO. ]' ~' ~ ' ~) 6(2') AMENDMENT NO. 2 TO RESOLUTION NO. 125-96 INCREASING THE DOLLAR AMOUNT AUTHORIZED FOR A STATE REVOLVING FUND LOAN TO UPGRADE AND EXPAND WASTEWATER TREATMENT PLANT NO. 2 WHEREAS, on November 6, 1996, the City Council of the City of Bakersfield authorized application for a State Water Resources Control Board Revolving Fund loan in an amount not to exceed Ten Million Dollars ($10,000,000); and WHEREAS, on June 11, 1997, based on information then available, the City council of the City of Bakersfield amended Resolution No. 125-96 increasing the dollar amount of the State Revolving Fund authorized to Fifteen Million Dollars ($15,000,000); and WHEREAS, staff and City's design consultant, Boyle Engineering, have supplied information and calculations to the State Water Resources staff justifying loan eligibility in excess of Sixteen Million Dollars ($16,000,000); and WHEREAS, it is in the City's financial interest to obtain maximum State Revolving Fund participation in the Wastewater Treatment Plant No. 2 upgrade and expansion; and WHEREAS, City staff has been notified by State Resources staff that a loan amount higher than Sixteen Million Dollars ($16,000,000) will be recommended to the State Water Resources Control Board; and WHEREAS, Paragraph 1 of Resolution No. 125-96 must be amended to permit a City loan application in an amount up to Eighteen Million Dollars ($18,000,000). NOW THEREFORE, BE IT RESOLVED by the Council of the City of Bakersfield as follows: A. Paragraph 1 of Amendment No. 1 to Resolution 125-96 is amended to read: That the Public Works Director or his/her designee is hereby authorized and directed to sign and file1 for and on behalf of the City of Bakersfield, a Financial Assistance Application for a loan from the State Water Resources Control Board in the amount not to exceed Eighteen Million Dollars ($18,000,000) for the planning, design and construction of Wastewater Treatment Plant No. 2 upgrade and expansion; and -- Page 1 of 2 Pages -- ORiGiN,&,._ B. All other paragraphs of Amendment No. 1 to Resolution No. 125 -96 remain unchanged. I HEREBY CERTIFY that the foregoing Resolution was passed and adopted by the Council of the City of Bakersfield at a regular meeting thereof held on JUL ! 6 1997 ,1997 by the following vote: AYES: NOES: ABSTAIN: ABSENT: COUNCILMEMBER CA R~.(~ ,~OND, SMITH, MCDERMOTT, ROWLE S, SU LUVAN, SALVAGGIO COUNCILMEMBER COUNCILMEMBER COUNCILMEMBER CITY CLERK and EX OFFICIO of~fie Council of the City of Bakersfield APPROVED: ?.U /~ 6 1997 BOBSRICE, I~YOR CITY OF BAKERSFIELD APPROVED AS TO FORM: JUDY K. SKOUSEN C I~...A I'TORNEY By'~..... ADD:d~r ;ity Attor~ley S:~COUNCIL~RES~125-96,AMD -July 2, 1997 -- Page 2 of 2 Pages -- ORIGINAL