HomeMy WebLinkAboutResolutions - No. 90-197RESOLUTION NO. 90-197
A RESOLUTION OF THE LODI CITY COUNCIL
ACCEPTING LOAN FROM CALIFORNIA DEPARTMENT OF WATER RESOURCES,
AUTHORIZING THE CITY MANAGER TO SIGN THE CONTRACT, ESTABLISHING FUND
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
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
$5,000,000) from the California Department of Water Resources (DWR);
and
BE IT FURTHER RESOLVED, the City Manager of the City of Lodi is
hereby authorized to execute the contract with DWR; and
BE IT FURTHER RESOLVED, the Lodi City Council hereby approves the
establishing of a special fund to meet loan payments when they become
due; and
BE IT FURTHER 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.
I hereby certify that Resolution No. 90-197 was passed and
adopted by the Lodi City Council in 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
41, (-41LAZA.A3/XJ
J -41k i er Perrin
Deputy City Clerk
for Alice M. Reimche
City Clerk
90-197
RES90197/TXTA.02J