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90-43
PJ~SOT,[TI~TON NO.
RE$O~ION OF ~ CI~"E CY)UNCIT, OF 5~HE
CITY OF UKIAH ESTABLISHING A SPECIAL
FUND FOR THE kUITER FILTRATION PLANT PRfXIEC~
WHEREAS, the City Council of the City of Ukiah has adopted Resolution
No. 90-40, Accepting Construction Loan Under the California Safe Drinking
Water Bond Law of 1986, and
WHEREAS, said loan will provide funding for the design and
construction of a Water Filtration Plant, and
WHEREAS, the City of Ukiah will repay said loan over a thirty (30)
year period, and
WHEREAS, the administrative procedures of the California Department of
Water Resources requires the establishment of a separate special fund to
meet payments on said loan as they become due;
NOW, THEREFORE, BE IT RESOLVED, that:
1. A special fund is hereby designated as the "Water Filtration
Plant Debt Service Fund No. 560."
2. The City of Ukiah Finance Director is hereby designated the
responsible agent for the City of Ukiah in regards to said
special fund.
PASSED AND ADOPTED this 4th day of ^pri] 1990, by the following
roll call vote:
A~S: Councilmembers Wattenburger, Shoemaker, Schneiter and Mayor Henderson
199ES: None
~ENT: Councilmember Hickey
~ ST: / '~ ,