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HomeMy WebLinkAbout2016-R-11 - Request Financial Assist from Texas Water DevelopmentRESOLUTION NO. 2016-R-11 RESOLUTION REQUESTING FINANCIAL ASSISTANCE FROM THE TEXAS WATER DEVELOPMENT BOARD; AUTHORIZING THE FILING OF AN APPLICATION FOR ASSISTANCE; AND MAKING CERTAIN FINDINGS IN CONNECTION THEREWITH. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF STEPHENVILLE, 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 $16,500,000 to provide for the costs of The Eastside Sewer Project. Section 2: That Jerry K. Weldon, II, Mayor, be and is hereby designated the authorized representative of the City of Stephenville 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 Stephenville before any hearing held by the Texas Water Development Board on such application, to -wit: Financial Advisor: Erick Macha Director FirstSouthwest, a Division of Hilltop Securities, Inc. Engineer: Sanford LaHue Engineer of Record Schrickel, Rollins and Associates, Inc. Bond Counsel: Dan Culver Attorney McCall, Parkhurst & Horton, LLP PASSED and APPROVED this the 13th day of September, 2016. 1 i - r 1,A "MTM- Jerty K4.Weldon II, Mayor ATTEST: f Cindy L. Fford, O ty Se ry Reviewed by Patrick C. I I es, City Administrator Approved as to form and legality Randy Thomas, City Attorney