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HomeMy WebLinkAbout24123 RESOLUTION NO. 24123 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AUTHORIZING THE CITY MANAGER TO ACT ON ITS BEHALF TO SIGN, FILE AND EXECUTE A FINANCIAL ASSISTANCE APPLICATION FOR A FINANCING AGREEMENT FROM THE STATE WATER RESOURCES CONTROL BOARD UNDER THE CLEAN WATER STATE REVOLVING FUND FOR THE CITY OF PALM SPRINGS BIOGAS-TO-ENERGY PROJECT AT THE WASTEWATER TREATMENT PLANT, CITY PROJECT NO. 15-26. WHEREAS, the City of Palm Springs, (the "City"), desires to finance the costs of developing and constructing a renewable biogas fired cogeneration plant to convert methane generated by the City's Wastewater Treatment Plant into electricity, identified as the Biogas-to-Energy Project at the Wastewater Treatment Plant, City Project No. 15-26, (the "Project'); and WHEREAS, the City intends to finance the development, design and construction of the Project or portions of the Project with moneys ("Project Funds") provided by the State of California, acting by and through the State Water Resources Control Board (the "State Water Board"); and WHEREAS, the State Water Board may fund the Project Funds through its Clean Water State Revolving Fund ("CWSRF"); and WHEREAS, the CWSRF can provide a very low interest loan to the City for Project Funds necessary to fund the Project; and WHEREAS, it is necessary to designate and authorize the City Manager to act on behalf of the City Council to sign, execute and file all required applications and to execute all required agreements necessary to secure the Project Funds made available to the City by the State Water Board through the CWSRF. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The City Council hereby authorizes the City Manager, (the "Authorized Representative"), or his designee, to sign and file, for and on behalf of the City, a Financial Assistance Application for a financing agreement from the State Water Resources Control Board for the planning, design, and construction of the Project. Resolution No. 24123 Page 2 SECTION 2. The City Council hereby authorizes the Authorized Representative, or his designee, to provide the assurances, certifications, and commitments required for the financial assistance application, including executing a financial assistance agreement from the State Water Resources Control Board and any amendments or changes thereto. SECTION 3. The City Council hereby authorizes the Authorized Representative, or his designee, is designated to represent the City in carrying out the City's responsibilities under the financing agreement, including certifying disbursement requests on behalf of the City and compliance with applicable state and federal laws. ADOPTED THIS 19T" DAY OF OCTOBER, 2016. f David H. Ready, City ATTEST: ames Thompson, City Clerk CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that Resolution No. 24123 is a full, true and correct copy, and was duly adopted at a regular meeting of the City Council of the City of Palm Springs on the 19th day of October, 2016, by the following vote: AYES: Councilmember Foat, Councilmember Kors, Councilmember Roberts, Mayor Pro Tern Mills, and Mayor Moon. NOES: None. ABSENT: None. ABSTAIN: None. mes Thompson, City Clerk City of Palm Springs, California E��i j Zei