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HomeMy WebLinkAboutRES-2014-058 Resolution Accepting the State Revolving Fund Loan RES-2014-058 RESOLUTION BY ORANGE COUNTY BOARD OF COUNTY COMMISSIONERS WHEREAS, the North Carolina Clean Water Revolving Loan and Grant Act of 1987 has authorized the making of loans and grants to aid eligible units of government in financing the cost of construction of wastewater treatment works,wastewater collection systems,and water supply systems,water conservation projects,and WHEREAS, the North Carolina Department of Environment and Natural Resources has offered a State Revolving Fund Loan in the amount of$1,165,534 for the construction of the McGowan Interceptor Project,CS370884-02,and WHEREAS, Orange County intends to construct said project in accordance with the approved plans and specifications, NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF ORANGE COUNTY: That Orange County does hereby accept the State Revolving Fund Loan offer of$1,165,534. That Orange County does hereby give assurance to the North Carolina Department of Environment and Natural Resources that all items specified in the loan offer, Section II-Assurances will be adhered to. That Bonnie Hammersley,County Manager,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 Orange County 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 O? at_S X � ,North Carolina. Location (Si of Chi utive fficer) Date l�� y7aoAF' � Lt