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HomeMy WebLinkAbout85-131DMF/fm 10/2/85 RESOLUTION NO~ 85L131 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA AUTHORIZING EXECUTION OF AN APPLICATION FOR A LOAN FROM THE CALIFORNIA WATER RESOURCES CONTROL BOARD WHEREAS, the Water Resources Control Board of the State of California ("CWRCB") has created a fund under the Clean Water Bond Law of 1984, California Water Code Section 13999 et seq. from which local government may borrow for water conservati~h purposes; and WHEREAS, the City of Santa Ana desires to apply to CWRCB for a loan from said fund for the design and construction of the Santa Ana Water Reclamation System. BE IT RESOLVED that the City Council of the City of Santa Ana hereby authorizes application for a loan from the Water Recla- mation Loan Program of the California State Water Resources Control Board in the amount of Five Million Four Hundred Two Thousand Dol- lars ($5,402,000.00) for the design and construction of the Santa Ana Water Reclamation Project and authorizes execution of a loan contract if a loan for this project is offered. BE IT FURTHER RESOLVED that the City Manager is hereby authorized to submit a loan application and negotiate and execute a loan contract for this project for and on behalf of the City of Santa Aha. Adopted this 4th California. day of November 1985, at Santa Aha, DANIEL E. GRISET, MAYOR ATTEST: COUNCILMEMBERS: Acosta Aye Hart A~e Griset Aye Johnson Aye Luxembourger Aye McGuigan Absent Young A~e APPROVED AS TO FORM: City Attorney