CC Resolution No. 1570 8
RESOLUTION NO. 1570
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS,
AUTHORIZING THE CITY MANAGER TO APPLY FOR FUNDING FROM THE
TEXAS WATER DEVELOPMENT BOARD'S CLEAN WATER STATE
REVOLVING FUND FOR SANITARY SEWER PROJECTS; AND PROVIDING FOR
THE EFFECTIVE DATE THEREOF.
WHEREAS, the Texas Water Development Board ("TWDB") has announced the availability of
funds through the Clean Water State Revolving Fund ("CWSRF") Fiscal Year (FY) 2004 Intended Use
Plan ("IUP"); and
WHEREAS, by completing and sending in the required information by March 5, 2003, the City
of Baytown may reserve a place for projects on the IUP; and
WHEREAS, only those FY 2004 Clean Water ]UP will be eligible to apply for CWSRF funding
in FY 2004; and
WHEREAS, the TWDB offers competitive interest rates, which are currently less than the
effective rate of Certificates of Obligation bonds; NOW THEREFORE
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS:
Section 1: That the City Council of the City of Baytown hereby authorizes the City
Manager to apply for funding from the Texas Water Development Board's Clean Water State Revolving
Fund for sanitary sewer projects.
Section 2: This resolution shall take effect immediately from and after its passage by the
City Council of the City of Baytown.
INTRODUCED, READ and PASSED, by the affirmative vote of the City Council of the City of
Baytown this the 27`" day of February, 2003.
x& c. -
PETE C. ALFARO, Mayor
ATTEST:
G Y W. SMITa, City Clerk
APPROVED AS TO FORM:
ACIO RAMIREZ, SR. C ty Attorney
F.\Karen riles\City Cowcil\Resolutions\TWDBCIeanWaterStateRevolvingkwtdApplication.doc