HomeMy WebLinkAboutResolution No. 96-10 ORIGi
RESOLUTION NO. 96-10
A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF THE
COLONY, TEXAS REQUESTING FINANCIAL ASSISTANCE FROM THE
TEXAS WATER DEVELOPMENT BOARD; AUTHORIZING THE FILING
OF AN APPLICATION FOR ASSISTANCE; AND MAKING CERTAIN
FINDINGS IN CONNECTION THEREWITH
WHEREAS, this City Council of The Colony, Texas (the "City") hereby finds and
determines that there is an urgent need for the City to construct improvements to the City's
sanitary sewer system; and
WHEREAS, such capital improvements cannot be reasonably financed unless
financing assistance is obtained from the Texas Water Development Board;
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY
Section 1. An application is hereby approved and authorized to be filed with the
Texas Water Development Board seeking financial assistance in an amount not to exceed
$850,000 to provide the costs of improvements to the City's sanitary sewer system.
Section 2. The City's Mayor, City Manager and City Secretary are hereby
designated as the authorized representatives of the City for purposes of furnishing such
information and executing such documents as may be required in connection with the
preparation and filing of such application for financial assistance and with complying with the
roles of the Texas Water Development Board.
Section 3. The following f'mns and individuals are hereby authorized and directed
to aid and assist in the preparation and submission of such application and appear on behalf
of and represent the City before any hearing by the Texas Water Development Board on such
application, to wit:
Financial Advisor Engineer Bond Counsel
Boyd London Timothy E. Lackey Leroy Grawunder, Esq.
First Southwest Company N.R.S. Consulting Engineers Vinson & Elkins L.L.P.
1700 Pacific, Suite 500 11500 Stemmons Frwy. 3700 Trammell Crow Center
Dallas, Texas 75201 Suite 172 2001 Ross Avenue
(214) 9534195 Dallas, Texas 75229 Dallas, Texas 75201
(214) 484-3688 (214) 220-7938
PASSED AND APPROVED, this 3rd day of June, 1996.
William W. Manning, Mayor
ATTEST:
Patti A. Hicks, City Secretary