HomeMy WebLinkAbout033267 RES - 01/23/2024RESOLUTION NO.i® 3 3 2 6 7
RESOLUTION REQUESTING FINANCIAL ASSISTANCE FROM THE
TEXAS WATER DEVELOPMENT BOARD FOR DESIGN AND
CONSTRUCTION OF IMPROVEMENTS TO THE CITY'S UTILITY
SYSTEM; AUTHORIZING CITY STAFF AND CONSULTANTS TO
COORDINATE THE SUBMISSION OF THE APPLICATION TO THE
TEXAS WATER DEVELOPMENT BOARD FOR FUNDING FROM ITS
STATE WATER IMPLEMENTATION FUND FOR TEXAS; AND OTHER
MATTERS IN CONNECTION THEREWITH
WHEREAS, the City of Corpus Christi, Texas (the City) deems it necessary to apply to the
Texas Water Development Board (the Board) for financial assistance; and
WHEREAS, in accordance with the rules and regulations of the Board, which govern the
procedures in making such an application, the governing body of the City is required to pass a
resolution to accompany such application; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI
THAT:
1. The City hereby requests that the Board, from its State Water Implementation Fund
for Texas, grant financial assistance to the City in the amount not to exceed $535,110,000.00 (as a
loan or by the purchase of obligations of the City and by the receipt of the largest amount of grant
funds lawfully available from the Board) for constructing improvements to the City's combined
utility system, as designed the by the City's consulting engineer. These obligations will be issued
by the City in one or more series.
2. The City Manager, Chief Financial Officer, or Director of Finance and Procurement
of the City is hereby authorized to execute and submit to the Board the application for such
financial assistance, and the City Manager, Chief Financial Officer, or Director of Finance and
Procurement of the City, together with bond counsel, fmancial advisors and consulting engineers
named in such application, are authorized to appear before the Board in support of such application
and to make the required assurances and representations to the Board in accordance with the rules,
regulations, and policies of the Board.
3. A certified copy of this Resolution shall be attached to the application for financial
assistance herein authorized to be prepared and submitted to the Board, and the City Secretary of
the City is authorized and directed to prepare and certify such number of copies of this Resolution
as may be required for purposes of supporting the submission of such application to the Board.
4. The recitals contained in the preamble hereof are hereby found to be true, and such
recitals are hereby made a part of this Resolution for all purposes and are adopted as a part of the
judgment and findings of the City.
SCANNED
5. All resolutions, or parts thereof, which are in conflict or inconsistent with any
provision of this Resolution are hereby repealed to the extent of such conflict, and the provisions
of this Resolution shall be and remain controlling as to the matters resolved herein.
6. This Resolution shall be construed and enforced in accordance with the laws of the
State of Texas and the United States of America.
7. If any provision of this Resolution or the application thereof to any person or
circumstance shall be held to be invalid, the remainder of this Resolution and the application of
such provision to other persons and circumstances shall nevertheless be valid, and the City hereby
declares that this Resolution would have been enacted without such invalid provision.
8. It is officially found, determined, and declared that the meeting at which this
Resolution is adopted was open to the public and public notice of the time, place, and subject
matter of the public business to be considered at such meeting, including this Resolution, was
given, all as required by Chapter 551, as amended, Texas Government Code.
9. This Resolution shall be in force and effect from and after its final passage, and it
is so resolved.
PASSED, ADOPTED AND APPROVED on the 23rd day of January, 2024:
CITY OF CORPUS CHRISTI, TEXAS
Paulette
Attest:
Re ecca Huerta, ity Secretary
(CITY SEAL)
APPROVED THIS 23rd day of January, 2024:
max
Miles Risley, City Attorney
uajardo, Mayor
THE STATE OF TEXAS
COUNTY OF NUECES
CITY OF CORPUS CHRISTI
I, the undersigned, City Secretary of the City of Corpus Christi, Texas, do hereby certify that the above and
foregoing is a true, full and correct copy of a resolution passed by the City Council of the City of Corpus
Christi, Texas (and of the minutes pertaining thereto) on the 23rd day of January, 2024, authorizing the City
to request financial assistance from the Texas Water Development Board, which resolution is duly of record
in the minutes of said City Council, and said meeting was open to the public, and public notice of the time,
place and purpose of said meeting was given, all as required by Texas Government Code, Chapter 551.
EXECUTED UNDER MY HAND AND SEAL OF SAID CITY, THIS THE 23RD DAY OF JANUARY,
2024.
V6ty ecretary
(CITY SEAL)
That the foregoing resolution was read for the first time and passed on this the 23rd day of
January, 2024, by the following vote:
Paulette Guajardo
Ronald Barrera
Sylvia Campos
Gil Hernandez
Michael Hunter
R�
Jim Klein
Mike Pusley
Everett Roy
Dan Suckley
PASSED AND APPROVED, this the 23rd day of January, 2024.
ATTEST:
Rebecca Huerta
City Secretary
138639381.3
Paulette Guajardo
Mayor
033251_1'