HomeMy WebLinkAboutReso 2023-093 - Authorizing Designated City Officials to file an application for Financial Assistance with the State Water Resources Control Board RESOLUTION NO.2023-093
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
AUTHORIZING DESIGNATED CITY OFFICIALS TO FILE AN
APPLICATION FOR FINANCIAL ASSISTANCE FOR A FINANCIAL
AGREEMENT FROM THE STATE WATER RESOURCES CONTROL
BOARD TO ACCEPT AND EXPEND THOSE FUNDS IF THE
' APPLICATION IS GRANTED
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' WHEREAS,the City of Redding(the"City)desires to apply for grant funding for its Pump Station
; 1 Replacement Project (the "Project"); and
WHEREAS,the City intends to finance the planning, design, construction, and associated fees of
the Project with monies (the "Project Funds") provided by the State of California, acting by and
through the State Water Resources Control Board (the "State Water Board"); and
WHEREAS, the State Water Board may fund the Project Funds with proceeds from the sale of
obligations,the interest upon which is excluded from gross income for federal income tax purposes
', (the "Obligations"); and
I, WHEREAS, prior to either the issuance of Obligations or the approval by the State Water Board
of the Project Funds, the City desires to incur certain capital expenditures (the "Expenditures")
with respect to the Project from available monies of the City; and
i WHEREAS,the City has determined that those monies to be advanced on and after the date hereof
to pay the Expenditures are available only for a temporary period and it is necessary to reimburse
the City for the Expenditures from the proceeds of the Obligations;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding as
follows:
i 1. The Public Works Director or Assistant Public Works Director (the "Authorized
Representative"), ar his/her designee, is hereby authorized and directed to sign and file, for
and on behalf of,the City of Redding, a Financial Assistance Application for the financing
agreement from the State Water Board for the planning, design, construction, and
associated fees of the Project.
2. The Autharized Representative, or his/her designee, is designated to provide the
assurances, certifications, and commitments required for the financial assistance �
application, including executing a financial assistance agreement from the State Water O
resources Control Board and any amendments or changes thereto. �
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3. The Authorized Representative, or his/her designee, is designated to represent the City of
Redding in carrying out the City's responsibilities under the financing agreement,
�� including certifying disbursement requests on behalf of the City of Redding and
, compliance with applicable state and federal laws.
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'� I HEREBY C�RTIFY that the foregoing resolution was introduced at a regular meeting of the
City Council of the City of Redding on the 19th day of September, 2023, and was duly adopted at
said meeting by the following vote:
, AYES: COUNCIL MEMBERS: -Audette,Mezzano,Munns,Winter,and Dacquisto
NOES: COUNCIL MEMBERS: -None
ABSENT: COUNCIL MEMBERS: -None
ABSTAIN: COUNCILMEMBERS: -None
MICHAEL DACQUISTO, Mayor
ATTEST: APPROVED AS TO FORM:
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, SHARLENE TIP'TON,�:±y r'lerk BARRY E. DeW , ity Attorney
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