HomeMy WebLinkAboutRES-2012-028 Resolution Approving Application for a Clean Water State Revolving Fund Loan to Finance the Proposed McGowan Outfall~~S- .~dJ Z---~~~ `3~~`~~zU ~ Z
Res. - 2012-028 ~ L
RESOLUTION BY 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 wastewater collection system infrastructure, and
WHEREAS, The Oran~e County Board of Commissioners has need for and intends to
construct a wastewater collection system infrastructure project described as the
McGowan Outfall and
WHEREAS, The Oran~e County Board of Commissioners intends to request state loan
assistance for the project,
NOW THEREFORE BE IT RESOLVED, BY THE ORANGE COUNTY BOARD OF COMMISSIONERS:
That Oran~e Countv Board of Commissioners, 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 the
County to make scheduled repayment of the loan, to withhold from the 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 Frank Clifton. Countv Mana~er, 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 O~cial, 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 13`h day of March, 2012, at Hillsborough, North Carolina.
Res. - 2012-028
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(Signature of Chief Executive Officer)
(Title)
Res. - 2012-028
CERTIFICATION BY RECORDING OFFICER
The undersigned duly qualified and acting Clerk to the Board of Orange County Commissioners
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 legally convened meeting of the Orange County Board of Commissioners duly held
on the 13th day of March, 2012; and, further, that such resolution has been fully recorded in the
journal of proceedings and records in my office. IN WITNESS WHEREOF, I have hereunto set my
hand this '~ day of ~~J~A~-, 2012.
(Signature of Recording Officer)
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(Title of Recording Officer)