HomeMy WebLinkAboutResolutions - No. 91-187
RESOLUTION NO. 91-187 =========================
A RESOLUTION OF THE LOOI CITY COUNCIL AMENDING RESOLUTION 90-197 AND 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.
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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 $4,758,000) from the California Department of Water Resources (DWR); and
RESOLVED, 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 Counci 1 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.
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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:
Noes:
Absent:
Council Members -Pennino, Pinkerton, Sieglock, Snider and Hinchman (Mayor)
Council Members -None
Council Members -None
91-187
fuwJ 'i,-� Alice M. Reimche City Cl erk
RES91187/TXTA.02J
RESOLUTION 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 ESTIMA TES. =======================================================================
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.
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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
RES90197/TXTA.02J
for·Alice M. Reimche City Cl erk
90-197
EXHIBIT A