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Resolution 1997-297 (CWS 97-4 ) RESOLUTION NO. 97- RESOLUTION NO. CWS-9?- A RESOLUTION AUTHORIZING APPLICATION REVOLVING FUND LOAN, PROVIDING FOR A STATE ASSURANCES, ESTABLISHING PLEDGED REVENUES, DESIGNATING AN AUTHORIZED REPRESENTATIVE, AUTllORIZING Tile LOAN AGREEMENT, AND ESTABLISHING AUTiiORITY TO UNDERTAKE THE PROJECT. WHEREAS, Florida Statutes provide for loans to local government agencies to finance the construction of water pollution control facilities: and WHEREAS, the Florida Administrative Code requires authorization to apply for Iosns, to establish pledged revenues, to designate an authorized representative, and to provide the assurances of complinnce with loan program requirements; and WHEREAS, the Board of County Commissioners of Collier County, Florida, as Ex-Officio the Governing Board of the Collier County Water-Sewer District, intends to enter into a binding loan agreement with the Florida Department of Environmental Protection for project funding. 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 !. The Board of County Commissioners of Collier County, Florida, as Ex-Officio the Governing Board of the Collier County Water-Sewer District, is authorized to apply for a loan to finance the project. Section 2. The revenues pledged for the repayment of the loan are the Collier County Water-Sewer District's sewer system user fees. Section 3. The Collier County Public Works Division Administrator is designated as the authorized representative to provide the assurances and commitments required by the loan application. Section 4. After approval by the County Attorney, the Collier County Public Works Division Administrator is authorized to execute the State Revolving 5 120 Fund loan agreement which will become a binding obligation in accordance with its terms. ~ection ~. The legal authority for borrowing monies to construct the wastewater system expansion project in accordance with the recommendations of the 201 Facilities Plan Update, dated June, 1997, is pursuant to the provisions of Chapter 85-499, Laws of Florida, and Section 403.1835, Florida Statutes. This Re,olution adopted this..~..7 day of:~:- , 1997, after motion, second and majority vote. ATTEST DWIGHT E..BROCK, CLERK Approved as to form and legal sufficiency: BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA, AS' EX.OFFICIO THE GOVERNING BOARD OF THE COLLIER COUNTY WATER-SEWER DISTRICT, T'IMOTI~ L. HANCOCK, CHAIR3vIAN 5 David C. Weil~l ~-~ County Attorney KWB.Ih. RESOL.0002