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HomeMy WebLinkAboutResolution 2003-196 N.C.S. 10/06/2003.~,,~.,, s Resolution No.2003-196N.~.S. of the City of Petaluma, California DEDICATING A REVENUE SOURCE FOR REPAYMENT OF A STATE REVOLVING FUND LOAN FOR THE PHASE 1 RECYCLED WATER PIPELINE PROJECT PROJECT N0.9995 WHEREAS, the Phase 1 Recycled Water Pipeline Project, Project No. 9995 ("Project") is included in the Department of Water Resources and Conservation Fiscal Year 2003-2004 Capital Improvement Program Budget as Project 9995; and, WHEREAS, the project involves the construction of approximately 19,000 feet of 20- inch diameter pipeline to convey secondary recycled water from the City's oxidation ponds at 4400 Lakeville Highway to Rooster Run Golf Course; and, WHEREAS, this pipeline will convey secondary recycled water to Rooster Run Golf Course in the near term, and serve as the backbone of the City's urban recycled water program in the long term; and, WHEREAS, the City has applied for glow-interest loan through the State Water Resources Control Board's (Board) State Revolving Fund (SRF) loan program for this project; and, WHEREAS, the Board has designated the Phase 1 Recycled Water Pipeline Project as State Project No. C-06-4460-110; and, WHEREAS, the Board requires the City to dedicate a source of revenue for repayment of the SRF loan; and, WHEREAS, the City operates a Water Pollution Control Fund from service charges, which is used to fund operation and maintenance of the wastewater system and capital improvements, and collects wastewater connection fees which are used to fund capital improvements; and, WHEREAS, such loan shall not be a debt of the City of Petaluma or a charge, lien or encumbrance on any of its property or income or revenues other than the revenues which are pledged to payment herein. NOW, THEREFORE, BE IT RESOLVED by the Petaluma City Council that: 1. The above recitals are true and correct and hereby declared to be findings of the City Council of the City of Petaluma. Resolution Na 2003-196 N.C.S. 2. The City will repay SRF Loan No. C-06-4460-110 and any other associated SRF loans from the income received from a combination of the Water Pollution Control Fund and wastewater connection fees collected, and that these sources of revenue shall remain in effect until such loans are fully discharged unless modification or a change of such dedication of these sources of revenue is approved by the Board, or is otherwise required by State or Federal law. Further, such loan shall not be a debt of the City of Petaluma or a charge, lien or encumbrance on any of its property or income or revenues other than the revenues which are pledged to payment herein. 3. This resolution shall become effective immediately. 4. All portions of this resolution are severable. Should any individual component of this resolution be adjudged to be invalid and unenforceable by a body of competent jurisdiction, the remaining resolution portions shall be and continue in full force and effect, except as to those resolution portions that have been adjudged invalid. The City Council of the City of Petaluma hereby declares that it would have adopted this resolution and each section, subsection, clause, sentence, phrase and other portion thereof, irrespective of the fact that one or more section subsection, clause, sentence, phrase or other portion may be held invalid or unconstitutional. Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to Council of the City of Petaluma at a (Regular) (Adjourned) (Special) meeting ~ orm on the ........~~ :............. day of .......QGXRbe.T................................., 20Q.~., by the following vote: ••••••••• --~••••••••••••••• •••• ity Attorney AYES: Mayor Glass, Harris, Moynihan, Vice Mayor O'Brien, Torliatt NOES: None ABSENT: Canevaro, Healy ATTEST: ............. ................................................ City Jerk Mayor Council File ................................... Res. No.......29.Q3.c.L~.G.........N.C.S.