HomeMy WebLinkAboutRES-2011-019 Resolution Accepting Terms of the State Revolving Fund Loan Program3 -3- ! i
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RESOLUTION BY THE ORANGE COUNTY
BOARD OF COMMISSIONERS
WHEREAS, The Federal Clean Water Act Amendments of 1987 and the North Carolina
Water Infrastructure Act of 2005 (NCGS 159G) have authorized the making of
loans and grants to aid eligible units of government in financing the cost of
construction of a wastewater collection system, and
WHEREAS, Orange County has need for and intends to construct a wastewater collection
system project described as the Phase I -East and Phase II extension of the
existing Efland wastewater collection system and an extension of the City of
Mebane's wastewater collection system into the northern Buckhorn community,
and
WHEREAS, Orange County intends to request state loan assistance for the project,
NOW THEREFORE BE IT RESOLVED, BY THE BOARD OF COMMISSIONERS OF
ORANGE COUNTY:
That Orange County, the Applicant, will arrange financing for all remaining
costs of the project, if approved for a State loan award.
That the Applicant will adopt and place into effect on or before completion of
the project a schedule of fees and charges and other available funds which will
provide adequate funds for proper operation, maintenance, and administration of
the system and the repayment of all principal and interest on the debt.
That the governing body of the Applicant agrees to include in the loan
agreement a provision authorizing the State Treasurer, upon failure of Orange
County to make scheduled repayment of the loan, to withhold from Orange
County any State funds that would otherwise be distributed to the local
government unit in an amount sufficient to pay all sums then due and payable to
the State as a repayment of the loan.
That the Applicant will provide for efficient operation and maintenance of the
project on completion of construction thereof.
That Bernadette Pelissier, Chair of the Board of County Commissioners, the
Authorized Official, and successors so titled, is hereby authorized to execute
and file an application on behalf of the Applicant with the State of North
Carolina for a loan to aid in the construction of the project described above..
That the Authorized Official, and successors so titled, is hereby authorized and
directed to furnish such information as the appropriate State agency may request
in connection with such application or the project; to make the assurances as
contained above; and to execute such other documents as may be required in
connection with the application.
That the Applicant has substantially complied or will substantially comply with
all Federal, State, and local laws, rules, regulations, and ordinances applicable to
the project and to Federal and State grants and loans pertaining thereto.
Adopted this the ~_day of (~i'~~'G~-~ , 2011, at Hillsborough,
North Carolina.
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(Signature of Chief Executive Officer)
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(Title)
CERTIFICATION BY RECORDING OFFICER
The undersigned duly qualified and acting Clerk to the Board of County Commissioners of
Orange County does hereby certify: That the above/attached resolution is a true and correct. copy
of the resolution authorizing the filing of an application with the State of North Carolina, as
regularly adopted at a lega ly convened meeting of the Board of County Commissioners duly held
on the ~ day of , 2011; and, further, that such resolution has been fully
recorded in the journal of proceedings and records 'n my office. IN WITNESS WHEREOF, I
have hereunto set my hand this~day of ~~ , 2011.
(Signature of ecording Officer)
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(Title of Recording Officer) ~~