HomeMy WebLinkAbout022947 RES - 05/27/19971
RESOLUTION
REQUESTING A PRELIMINARY ELIGIBILITY DETERMINATION FROM
THE TEXAS WATER DEVELOPMENT BOARD FOR FINANCIAL
ASSISTANCE FROM THE STATE WATER POLLUTION REVOLVING
FUND AND APPROVING MATTERS INCIDENTAL TO SUCH REQUEST
WHEREAS,the Texas Water Development Board has developed a new Financial Assistance
Program, referred to as the Capital Improvements Plan Option (CIPO); and
WHEREAS, the CIPO provides access to funding through the State Water Pollution
Revolving Fund (commonly referred to as SRF) for large borrowers' ongoing capital improvements
programs that address the long term process of construction and financing wastewater and reuse
infrastructure; and
WHEREAS, the City of Corpus Christi desires to utilize CIPO with respect to the financing
of certain wastewater construction projects included in its FY 1996-97 Capital Improvements
Program; and
WHEREAS, the first step in utilizing the CIPO requires a resolution of the City Council to
request a Preliminary eligibility Determination for such wastewater and reuse projects;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
SECTION 1. That the Texas Water Development Board is hereby requested to provide a
Preliminary Eligibility Determination with respect to the city's use of the CIPO to finance certain
wastewater construction projects listed in the FY 1996-97 Capital Improvement Program.
SECTION 2. That the City of Corpus Christi will comply with the Texas Water
Development Board's rules and requirements applicable to obtaining the Preliminary Eligibility
Determination so requested.
SECTION 3. That the City manager, or his designee, is authorized to make such
representations and submit such information and documents to the Texas Water Development Board
as may be required to obtain the requested Preliminary eligibility Determination.
SECTION 4. This Resolution shall take effect immediately from and after passage.
ATTEST:
Armando Chapa, Ci
(LO)MS5000, 114bwk
May 22, 1997 (929em)
THE CITY OF CORPUS CHRISTI
Secretary MAYORS
THE CITY OF CORPUS CHRISTI
9?,i 4'; MICRUFILMLI
APPROVED: " DAY OF -Mil- , 1997.
JAMES R. BRAY JR., CITY ATTORNEY
By:
Lisa Ortiz
Assistant City Attorney
(L0)MS5000. 114 bak
May 22, 1997 (9'29am)
2
Corpus Christi, Texas
The above resoultion was passed by the following vote:
Loyd Neal
Jaime Capelo
Melody Cooper
Alex L. Garcia, Jr.
Arnold Gonzales
Betty Jean Longoria
John Longoria
Edward A. Martin
Dr. David McNichols
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