HomeMy WebLinkAboutAgenda Report - October 16, 1991 (63)CITY OF L.ODI
COUNCIL COMMUNICATION
AGENDA TITLE: Amending Resolution 90-197, Reducing Loan Amount for
California Safe Drinking Water Funds
t'',MET.ING DATE: October 16, 1991
PREPARED BY: Public Works Director
RECOMMENDED ACTION: That the City Council approve amending Resolution
90-197 and authorize the City Manager to sign a
contract accepting a 3.410 loan from the California
Department of Water Resources (DWR), establish a
special fund to meet the payments when they become
due and designating the Finance Director to approve
Partial Payment Estimates.
BACKGROUND INFORMATION• The attached resolution is similar to
Resolution 90-197 passed in the regular City
Council meeting of December 19, 1990. The
Department of Water Resources has requested
the City to ass another resolution which reflects the revised loan
commitment fprom $5,000,000 to a 84,758,000 loan commitment.
The Deportment of Water Resources made an original commitment for a
$5,000,000 construction loan in September 1990. The prof^ct is now
estimated to cost $4,758,000 instead of the original estimate of
$5,623,800. The City was able to reduce the project cost due to wells
which were originally out of compliance coming back into compliance and
one well falling out of compliance.
a
a L. Ronsko
Pub is Works Director
JLR/FF/sh
Attachment
Prepared by Fran E. Forkas, Water/wastewater Superintendent
cc: City Attorney
Finance Director
Water/Wastewater Superintendent
APPROVED: t �,
THOMAS A. PETERSON
City Manager focvc ° Paw
.J
GC -1
1492 -Ol Ocrober 4, 1991
RESOLUTION NO. 91-187
A RESOLUMON OF THE LODI CITY COUNCIL
AMENDING RESOLUMON 90-197 AND
ACC R3IM LOAN FROM CALIFORNIA DEPARTMENT OF WAI R RESOURCEN,
AUIHORIZNU THE CITY MANAGER TO SIGN THE CONTRACT, ESTABLISHNG FUND
TO MEET PAYMENISy AND DESIGNATING FPOT CE DIlWrOR TO
APPROVE PARTIAL PAYMENT ESTIMATES.
V4ERFA$the City of Lodi has the responsibility to construct,
operate and maintain the City of Lodi's domestic water system; and
V $, THE City of Lodi desires to assure that the City of
Lodi's domestic water system meets minimum safe drinking water
standards ;
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City
of Lodi, pursuant and subject to all the terms and provisions of the
California Safe Drinking Water Bond Law and all amendments thereto,
hereby approves the City's acceptance of a loan (not to exceed
$4,758,000) from the California Department of Water Resources (DWR4 and
RESOLMD, the City Manager of the City of Lodi is hereby
authorized to execute the contract with DWR; and
RESOLVED, the Lodi City Council hereby approves the establishing
of a special fund to, meet loan payments when they become due; and
RESOLVED, the Lodi City Council hereby approves the designation
of the City of Lodi Finance Director to approve Partial Payment
Estimates; and be it
FURTHER RESOLVED, Resolution 90-197 (Exhibit A) is hereby amended
to reflect the reduction in loan amount as authorized herein.
Passed and adopted at a regular meeting of the City Council of the City
of Lodi on the sixteenth day of October 1991.
I hereby certify that Resolution No. 91-187 was passed and
adopted by the Lodi City Council in a regular meeting held October 16,
1991 by the following vote:
Ayes: Council Members - Pennino, Pinkerton, Sieglock, Snider
and Hinchman (Mayor)
Noes : Council Members - None
Absent: Council Members - None & L. /��
Alice M. Reimche
City Clerk
91-187
RES91187/TXTA.02J
_RESOLUTION NO. 90-197 -
lCa�illS11!!lD�l1 � X'11
A RESOLUTION OF THE LODI CITY COUNCIL
ACCEPTING LOAN FROM CALIFORNIA DEPARTMENT OF WATER RESOURCES,
AUTHORIZING THE CITY MANAGER TO SIGN THE CONTRACT, ESTABLISHING RSD
TO MEET PAYMENTS, AND DESIGNATING FINANCE DIRECTOR TO APPROVE PARTIAL
PAYMENT ESTIMATES.
WHEREAS, the City of Lodi has the responsibility to construct,
operate and maintain the City of Lodi's domestic water system; and
WHEREAS, the City of Lodi desires to assure that the City of
Lod is domestic water system meets minimum safe ' drinking water
standards ;
NOW, TFEI;EFORE, BE IT RESOLVED, that the City Council of the
City of Lodi , pursuant and subject to a I I the terms and provisions of
the California Safe Drinking Water Bond Law and a I I amendments thereto,
hereby approves the City's acceptance of a loan (not to exceed
$5,000,000) from the California Department of Water Resources (DWR);
and
BE IT RURTHER RESOLVED, the City Manager of the City of Lodi is
hereby authorized to execute the contract with DWR; and
BE IT R TH R RESOLVED, the Lodi City Council hereby approves the
establishing of a special fund to meet loan payments when they become
due; and
BE I T RURTHER RESOLVED, the Lodi City Council hereby approves the
designation of the City of Lodi Finance Director to approve Partial
Payment Estimates.
Passed and adopted at a regular meeting of the City Council of the City
of Lodi on the nineteenth day of December 1990.
1 hereby certify that Resolution No. 90-197 was passed and
adopted by the Lodi City Council i n a regular meeting held December
19, 1990 by the following vote:
Ayes : Council Members - Pinkerton, Pennino, Sieglock, Snider
and Hinchman (Mayor)
Noes : Council Members - None
Absent: Council Members - None /]
J i er Perrin
eputy ity Clerk
RES90197/TXTA.02J
for Alice M. Reimche
City Clerk
90-197