Resolution 2007-067
RESOLUTION NO. 2007- 67
RESOLUTION NO. CWS 2007- 02
A RESOLUTION OF mE BOARD OF COUNTY COMMISSIONERS OF COLLIER
COUNTY, FLORIDA, AS EX-OFFICIO THE GOVERNING BOARD OF THE COLLIER
COUNTY WATER-SEWER DISTRICT, RELATING TO THE STATE REVOLVING
FUND LOAN PROGRAM; MAKING FINDINGS; AUTHORIZING THE LOAN
APPLICATION; AUmORIZING 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 drinking water facilities. The Florida
Administrative Code requires authorization to apply for loans and to enter a loan agreement; and
the State Revolving Fund loan priority list designates Project No. DWI1 1 1030 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 pr~ject 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 I. 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 South County Regional Water Treatment Plant 12 MGD
Reverse Osmosis Expansion project 700971, 710221.
SECTION 3. The revenues pledged for the repayment of this loan are the Gross Revenues
derived yearly from the operation of the Water and Sewer Systems and Development Fees, after
payment of the Operation and Maintenance Expense and the satisfaction of all yearly payment
obligations on account of the Senior Revenue Obligations and any senior obligations issued.
SECTION 4. The Chairman of the Collier County Board of County Commissioners, as Ex-
Officio the Governing Board of the Collier County Water-Sewer District, 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 carry out 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 ratn day of /l7ttrcli ,2007.
A TTES'F:
;~DWIGHT 'E....;aROCK, Clerk
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~.tAt...--. Dc:;puty Clerk
~~~ as co Ch~1rman s
signature onJv
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
BY
~...
m
. ES COLETTA, Chairman
lD.~ ru~
Thomas C. Palmer, Assistant County Attorney