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HomeMy WebLinkAbout023109 RES - 10/21/1997RESOLUTION EXPRESSING THE INTENT TO REIMBURSE THE COMBINED UTILITY SYSTEMS FUND FOR COSTS OF CERTAIN WATER SYSTEM IMPROVEMENTS TO BE MADE AS PART OF THE GROUND STORAGE TANKS INSPECTION AND REHABILITATION PROJECT. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: To ensure that improvements to be made as part of the Ground Storage Tanks Inspection and Rehabilitation Project are made promptly, interim funding for this project will come from the FY 97-98 Combined Utility Systems Fund. It is intended that the Combined Utility Systems Fund will be reimbursed from the proposed Tax -Exempt Commercial Paper Program. In tum, the Tax -Exempt Commercial Paper Program will be reimbursed with utility system revenue bond funds. ATTEST: g City Secretary 1clAYOR ) pp THE CITY OF CORPUS CHRISTI APPROVED: DAY OF OCCc"(lfic- , 19 17 JAMES R. BRAY, JR., CITY ATTORNEY By / ' 7.1-4: a -z -c" (/1 - 5Cfi.-7-4.1_ Michael L. Scanlon Assistant City Attorney M+55009 135(maw). October 9. 1997 (8: Jam) MiChUEILMEQ Corpus Christi, Texas (.,?I:t day of et(bt4% , 19 // The above resolution 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 10S5000135(maw) October 8. 1997 (8 Siam) abLini