Loading...
Res 132-88 6/21/1988RESOLUTION NO. I-3A- s1f RESOLUTION TO AUTHORIZE CITY MANAGER TO NEGOTIATE AND ENTER INTO A CONTRACT WITH THE ENGINEERING CONSULTING FIRM OF CORLETT, PROBST & BOYD, INCORPORATED FOR THE DEVELOPMENT OF AN APPLI- ATION TO THE TEXAS WATER DEVELOPMENT BOARD FOR A PROJECT LOAN FROM THE STATE REVOLVING LOAN FUND WHEREAS, the City of Wichita Falls must accomplish a number of wastewater collection and treatment improvements in the forseeable future to meet state and federal effluent standards; WHEREAS, the cost of the proposed work will require a bond issue from the Water and Sewer Fund; WHEREAS, the federal government has established revolving loan funds at the state level for use in funding wastewater collection and treatment projects; WHEREAS, the State of Texas will have low interest loans available in fiscal year 1989 and the low interest rates can save significant sums for the City; WHEREAS, the application process for the State Revolving Loan Fund is complex and requires engineering consultant assistance to develop the necessary documents; and, WHEREAS, the City desires to engage the engineering firm of Corlett, Probst & Boyd for the purpose of developing the application for the loan. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The City Manager is authorized to negotiate a contract with the engineering firm of Corlett, Probst & Boyd, Incorporated for the purpose of developing the necessary documents to apply for a loan from the State of Texas Revolving Loan Fund. The cost of the work shall not exceed $ 98,500.00 and the City Manager is authorized to execute the contract upon completion of the negotiations. PASSED AND APPROVED THIS THE 21ST DAY OF JUNE, 1988. ATTEST: CITY iCLERK nommmy-1110 "s IN