Resolution 2006-168
RESOLUTION NO. 2006-~
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER
COUNTY, FLORIDA RELATING TO THE STATE REVOLVING FUND LOAN
PROGRAM; MAKING FINDINGS; AUTHORIZING THE LOAN APPLICATION;
AUTHORIZING THE LOAN AGREEMENT; ESTABLISHING PLEDGED
REVENUES; DESIGNATING AUTHORIZED REPRESENTATIVES; PROVIDING
ASSURANCE AND EFFECTIVE DATE
WHEREAS, Florida Statues provide for loans to local government agencies to finance
the planning, design, administration and construction of water pollution control facilities. The
Florida Administrative Code requires authorization to apply for loans and to enter into a loan
agreement; and
WHEREAS, the State Revolving Fund loan priority list designates Project No. DW
1111-02 as eligible for available funding and Collier County intends to enter into a loan
agreement with the Florida Department of Environmental Protection under the State Revolving
Fund for project financing.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF COLLIER COUNTY, FLORIDA, AS EX-OFFICIO THE
GOVERNING BOARD OF THE COLLIER COUNTY WATER-SEWER DISTRICT that:
SECTION 1. The foregoing findings are incorporated herein by reference and made a part
hereof.
SECTION 2. The Board of County Commissioners of Collier County, Florida, as Ex-Officio the
Governing Board of the Collier County Water-Sewer District ("District") is authorized to apply
for a construction loan to finance the Lower Hawthorn Wells 18N, 19N and 20N project 710061.
SECTION 3. The revenues pledged for the repayment of this loan are the District's net operating
revenues and System Development fees.
SECTION 4. The Division Administrator of the Collier County Public Utilities is hereby:
(a) Designated to be the District's authorized representative to provide assurances
and commitments required by the loan applications; and
(b) Authorized to execute the loan agreements/amendments (which will become a
binding obligation in accordance with its terms when signed by both parties); and
(c) Authorized to represent the District in carrying out its responsibilities under the
loan agreement; and is
(d) Authorized to delegate responsibility to appropriate staff to carryout technical,
financial, and administrative activities associated with the loan agreement.
SECTION 5. The legal authority for the District borrowing moneys to construct this Project is
Florida Statutes.
SECTION 6. This Resolution shall become effective immediately upon its adoption.
PASSED AND DULY ADOPTED by the Board of County Commissioners of Collier
County, Florida, this :2:5' day of .j0l~1 ,2006 .
I
ATTEST:
BOARD OF COUNTY COMMISSIONERS
COLLIER COUNTY, FLORIDA, AS
EX-OFFICIO THE GOVERNING BOARD
OF THE COLLIER COUNTY WATER-
SEWER DIST~
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DWI~ E. B~K, Cle~k
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