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<br />. <br /> <br />. <br /> <br />RESOLUTION NO. 89- 9 <br /> <br />A RESOLUTION REQUESTING TO BE INCLUDED ON THE TEXAS WATER <br />DEVELOPMENT BOARD FISCAL YEAR 1990 INTENDED USE PLAN~ FINDING <br />COMPLIANCE WITH THE OPEN MEETINGS LAW~ AND PROVIDING AN EFFECTIVE <br />DATE HEREOF. <br /> <br />WHEREAS, the City of La Porte (City) has reviewed its <br />wastewater needs and found that it is necessary to construct <br />wastewater facilities to meet those needs~ <br /> <br />WHEREAS, the City deems it necessary to express its interest <br />and commitment to seek funds from the Texas Water Development <br />Board's (Board) State Water Pollution Control Revolving Fund (SRF) <br />in order to finance its wastewater needs~ <br /> <br />WHEREAS, in order to secure future financing from the SRF, the <br />City must make certain commitments to the Board to be placed on the <br />Board's Intended Use Plan~ and <br /> <br />WHEREAS, the City has determined that it has the financial <br />capability to finance projects through the SRF to meet its <br />wastewater needs. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: <br /> <br />Section 1. That the City will take necessary actions to fund <br />the project designated as East La Porte Relief Sewer, through a loan <br /> <br />from the SRF from the Texas Water Development Board. <br />Section 2. That the City is hereby informing the Board of its <br /> <br />desire to receive financial assistance in the amount of <br /> <br />$l,773,875.00 from the Boardls SRF. <br /> <br />Section 3. That the City will file an application for a loan <br />from the SRF on or before March IS of the funding year, and will <br /> <br />proceed as expeditiously as possible to secure a loan commitment <br /> <br />from the Board. <br /> <br />Section 4. That the City will strictly adhere to the project <br />schedule negotiated with the Board and will meet all federal and <br /> <br />state requirements. <br /> <br />Section 5. That a certified copy of this Resolution shall be <br /> <br />submitted to the Board to insure that the City will be included in <br /> <br />the Fiscal Year 1990 Intended Use Plan. <br /> <br />Section 6. The City Council officially finds, determines, <br /> <br />recites and declares that a sufficient written notice of the date, <br /> <br />hour, place and subject of this meeting of the City Council was <br />posted at a place convenient to the public at the City Hall of the <br />City of La Porte, Texas for the time required by law preceding this <br />