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HomeMy WebLinkAboutResolution No. 2026-049CITY OF THE COLONY, TEXAS RESOLUTION NO. 2026 - p49 A RESOLUTION OF 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. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: Section 1. That 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 $21,000,000.00 to provide for the costs of Tribute Water Well. Section 2. That the Assistant City Manager be and is hereby designated the authorized representative of the City of The Colony 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 the rules of the Texas Water Development Board. Section 3. That the following firms 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 of The Colony before any hearing held by the Texas Water Development Board on such application, to wit: Financial Advisor: Hilltop Securities Engineer: Freese and Nichols Bond Counsel: Norton Rose Fulbright PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS THIS THE 21St DAY OF JULY 2026. I Richard Boyer, May City of The Colony, Texas ATTEST: 9"-, gza�o't— Tina Stewart, TRMC, CMC, City Secretary APPROVED AS T City Attorney