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Res 197-88 10/4/1988RESOLUTION NO. RESOLUTION REQUESTING TO BE INCLUDED ON THE TEXAS WATER DEVELOPMENT BOARD FISCAL YEAR 1989 INTENDED USE PLAN WHEREAS, the City of Wichita Falls, Texas, (City) has reviewed its wastewater needs and found that it is necessary to construct wastewater facilities to meet those needs; WHEREAS, the City deems it necessary to express its interest and commitment to seek funds from the Texas Water Development Board's (Board) State Water Pollution Control Revolving Fund (SRF) in order to finance its wastewater needs; WHEREAS, in order to secure future financing from the SRF, the City must make certain commitments to the Board to be placed on the Board's Intended Use Plan; and, WHEREAS, the City has determined that it has the financial capability to finance projects through the SRF to meet its wastewater needs. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: 1. The City will take necessary actions to fund the projects designated as Holliday Creek Sanitary Sewer Interceptor Line and Modernization and Nitrification Project at River Road Wastewater Treatment Plant through a loan from the SRF from the Texas Water Development Board. 2. The City is hereby informing the Board of its desire to receive financial assistance in the amount of $21,375,000.00 from the Board's SRF within twelve months of the date of approval of the capitalization grant award to the Board by the U.S. Environmental Protection Agency. . t 3. The City will file an application for a loan from the SRF within the time frame specified in Chapter 375 of the Possessive Board's Rules. 4. The City will strictly adhere to the project schedule negotiated with the Board and will meet all Federal and State requirements. 5. A certified copy of this resolution shall be submitted to the Board to ensure that the City will be included in the fiscal year 1989 Intended Use Plan. PASSED AND APPROVED THIS THE 4TH DAY OF OCTOBER, 1988. ATTEST: CITY VCLERK