HomeMy WebLinkAboutResolution No. 1995-28i
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RESOLUTION NO. 95 -28
A RESOLUTION OF THE CITY OF CAPE CANAVERAL,
BREVARD COUNTY, FLORIDA; AUTHORIZING
APPLICATION FOR A STATE REVOLVING FUND LOAN,
FOR RECLAIMED WATER REUSE FACILITIES,
PROVIDING ASSURANCES, ESTABLISHING PLEDGED
REVENUES, DESIGNATING AN AUTHORIZED
REPRESENTATIVE, AUTHORIZING THE LOAN
AGREEMENT, AND ESTABLISHING AUTHORITY TO
UNDERTAKE THE PROJECT; PROVIDING FOR AN
EY'FECTIVE DATE.
WHEREAS, Florida Statutes provide for loans to local government agencies to finance
the construction of water pollution control facilities; and
WHEREAS, Florida Administrative Code rules require authorization to apply for loans,
to establish pledged revenues, to designate an authorized representative, and to provide the
assurances of compliance with loan program requirements, and
WHEREAS, the City of Cape Canaveral intends to enter into a binding loan agreement
with the Florida Department of Environmental Protection for project funding to construct
reclaimed water reuse facilities.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Cape
Canaveral, Brevard County, Florida, as follows:
SECTION 1. The City Council of the City of Cape Canaveral is authorized to apply for
a loan to finance the reclaimed water reuse facilities project.
SECTION 2. The revenues pledged for the repayment of the loan are sewer system use
fees and irrigation usage rates.
SECTION 3. The Mayor is hereby designated as the authorized representative to
provide the assurances and commitments required by the loan application.
City of Cape Canaveral, Florida
• Resolution No. 95 -28
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SECTION 4. The Mayor is hereby authorized to execute the State Revolving Fund loan
agreement which will become a binding obligation in accordance with its terms.
SECTION 5. The legal authority for borrowing monies to construct this project are
Sections 166.111 and 180.07(2), F.S.
SECTION 6. This Resolution shall take effect immediately upon its adoption.
ADOPTED BY the City Council of the City of Cape Canaveral, Florida, this 5th day
of September , 1995.
ATTEST:
A/
ims, CITY CLERK
APPROVED `a TO FORM:
Kohn Bennett, CIT ATTORNEY
hn K. Porter, MAYOR
NAME FOR AGAINST
BERGER
x
NICHOLAS x
PETSOS X
PORTER x
RANDELS x
c: FL Department of Environmental Regulation
Finance Director
Public Works Director