HomeMy WebLinkAbout96-065RESOLUTION NO _~'""~ ~
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND
AUTHORIZING THE MAYOR TO SIGN AN AGREEMENT REGARDING A STATE
REVOLVING FUND LOAN TO ASSIST WITH THE DEVELOPMENT OF A
COMPREHENSIVE SEWER PLAN.
WHEREAS, City Council views the Comprehensive Sewer Plan as necessary for anticipating the
needs of growth; and
WHEREAS, City Council has included the Comprehensive Plan in its Capital Improvement Plan
budget for 1996; and
WHEREAS,
The Department of Ecology, a Washington State Agency, has established a State
Revolving Fund (SRF) for providing financial assistance for projects of thi~ type;
and
WHEREAS, The City of Port Townsend desires to participate in a loan from said SRF: and
WHEREAS, A requirement to participate requires a resolution of the governing body authorizing
the City of Port Townsend to receive a SRF.
n o w t h e r e f o r e
Be It Resolved that the City Council of the City of Port Townsend does hereby authorize the
Mayor to sign a SRF Loan Agreement in substantially the same form as attached, allowing the City
of Port Townsend to receive a SRF Loan and to take such other actions as are necessary and
relevant to the SRF Loan Program.
Adopted by the City Council of the City of Port Townsend and signed by the Mayor this 15th day
of April, 1996.
ATTEST:
~~iing City Clerk
lloch, Mayor
CM:C:\COUNCIL\RESOLUTXWAS TWATE\SRFLOAN.WPD