HomeMy WebLinkAboutRES NO 125-96(3) SOUVT ON NO. I 2 5 ' 9 6
AMENDMENT NO. 3 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 Tea 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 to authorized to Fifteen Million Dollars ($15,000,000); and
WHEREAS, on July 16, 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 to authorized to Eighteen Million Dollars ($18,000,000); and
WHEREAS, the lowest bid received September 9, 1997 was $1.1. million higher than
expected, resulting in loan eligibility of approximately $18,471,745; 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, Paragraph I of Resolution No. 125-96 must be amended to permit a City
loan application in an amount lip to Twenty Million Dollars ($20,000,000).
follows:
NOW, THEREFORE, BE 1T RESOLVED by the council of the City of Bakersfield as
A. Paragraph I of Resolution 125-96 is amended to read:
That the Public Works Director or his/her designee is
hereby authorized and directed to sign and file, 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 TWENTY
M1LLION DOLLARS ($20,000,000) for the planning,
design and construction of Wastewater Treatment Plant
No. 2 upgrade and expansion; and
B. All other paragraphs of Resolution 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 1 0 - $ - 9 7 , by the following
vote:
AYES: COUNCILMEi',,tBER DeMOND, CARSON, SMITH, McDERMOTT, ROWLES, SULLIVAN, SALVAGGIO
NOES: COUNCiLMEMBER
Ar..,ST/.J N: COUNCILMEI'~ER
AESENT: COUNCILMEMBER
CITY OF BAKERSFIELD
CITY CLERK and Ex Officio
of the Council of the City~f
Bakersfield
APPROVED AS TO FORM:
JUDY K. $KOUSEN
CITY ATTORNEY
By ~~/~~--------~
Cit~A~orney /