Loading...
079-21 - Resolution - Drinking Water State Revolving Fund Loan ApplicationRESOLUTION NO.079-21 A RESOLUTION OF THE CITY OF PORT ORCHARD, WASHINGTON, SUPPORTING THE DRINKING WATER STATE REVOLVING FUND LOAN APPLICATION PROCESS FOR DEVELOPMENT OF WELL #11 IN THE MCCORMICK WOODS WATER SYSTEM. WHEREAS, to adequately serve the City's residents, the City needs to secure adequate funding for the development of Well #11 in the McCormick Woods Water System (the "Project"); and WHEREAS, the development of Well #11 is required by the City's Purchase and Sale of Water Agreement with the City of Bremerton; and WHEREAS, the City has identified potential funding via a 2021 Drinking Water State Revolving Fund loan, administered by the Washington State Department of Health, Office of Drinking Water (ODW), with favorable repayment terms specifically available to public water purveyors; and WHEREAS, in order to be eligible for the loan, ODW requires the City Council formally approve the City's submittal of the DWSRF application, the proposed project, and the estimated amount requested for funding; and WHEREAS, the City Council finds that applying for the aforementioned loan is in the best interests of the residents of the City; and WHEREAS, consistent with the authorization herein, the City of Port Orchard Public Works Department will submit a DWSRF loan application in the amount of $8,000,000.00 for the Development of Well #11 in the McCormick Woods Water System Project; and WHEREAS, if the City is awarded funding, the ODW funding will be utilized to commence with the construction of the Development of Well #11 in the McCormick Woods Water System Project in 2022; now, therefore, THE CITY COUNCIL OF THE CITY OF PORT ORCHARD, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: THAT: It is the intent of the Port Orchard City Council that the recitals set forth above are hereby adopted and incorporated as findings in support of this Resolution. THAT: The City Council authorizes the Public Works Director to submit an application for the Washington State Department of Health, Office of Drinking Water Loan program, Resolution No. 079-21 Page 2 of 2 for the Development of Well #11 in the McCormick Woods Water System Project as detailed herein and supports the City's participation in the loan program. THAT: This Resolution shall be take full force and effect upon passage and signatures hereon. PASSED by the City Council of the City of Port Orchard, SIGNED by the Mayor and attested by the City Clerk in authentication of such passage on this 23rd day of November 2021. Robert Putaansuu, Mayor A GLYIC�� _�I yl.Q ecl,�L �l_ Brandy Rinearson MC, City Clerk