HomeMy WebLinkAboutCC Reso 2022-19 - CA State Grant funding Application Resolution - Authorization Attachment 1 (City of Ukiah)
Attachment F5a
AUTHORIZING RESOLUTION/@ftE3th MeE-
RESOLUTION NO: 2022-19
the City of Ukiah desires to submit an application for financial assistance to the California Water Resources
WHEREAS Control Board.
(insert appropriate findings)
RESOLVED BY THE City Council _ OF THE
City of Ukiah (insert name of Governing Board of the Entity)
(the "Entity"), AS FOLLOWS:
(insert Entity name)
The City Manager (the"Authorized Representative") or designee is
(insert Title of Authorized Representative)
hereby authorized and directed to sign and file, for and on behalf of the Entity, a Financial Assistance
Application for a financing agreement from the State Water Resources Control Board for the planning, design,
and construction of Recycled Water Project- Phase 4 (the"Project").
(insert Project Name)
This Authorized Representative, or his/her designee, is designated 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.
The Authorized Representative, or his/her designee, is designated to represent the Entity in carrying out the
Entity's responsibilities under the financing agreement, including certifying disbursement requests on behalf of
the Entity and compliance with applicable state and federal laws.
CERTIFICATION
I do hereby certify that the foregoing is a full, true, and correct copy of a resolution duly and regularly adopted
at a meeting of the City Council of the City of Ukiah held
(insert name of Governing Board of the Entity)
on March 30, 2022
(Date)
Kristine Lawler, City Clerk
(Name, Signature, and Seal of the Clerk or Authorized Record Keeper of the Governing Board of the Agency)
Financial Assistance Application Page 13 of 14 Financial Security Package(Construction)
(Rev 12J2019) Clean Water State Revolving Fund
Water Recycling Funding Program
Attachment 1 (City of Ukiah)
Attachment 1=7
SCHEDULE OF SYSTEM OBLIGATIONS
Except for the following and the Obligation evidenced by this Agreement,the Recipient certifies that it has no outstanding
System Obligations and that it is in compliance with all applicable additional debt provisions of the following:
The following related debts are senior to the proposed CWSRF financing:
Name of Lender Debt Security or Debt Service Original Current Payment Interest Debt Term S
and Title of Debt Source of Coverage Debt Balance Amount Rate Maturity Date
or Loan Number Revenue Requirement Amount
2018 Water Retwoft Bond Rate revenue 1.26 $ 11,155.000$ 8,056,000 $ 750,618 5.00 09 ! 2036
D1601035-550-0 Rate revenue 1.20 $ 18,238.74$ 17,713,17 $ 706,6$7 1.00 1 06 1 2050
$ $ $ !
The following related debts are on parity to the proposed Financing Agreement:
Name of Lender Debt Security or Debt Service Original Current Payment Interest Debt Term&
and Title of Debt Source of Coverage Debt Balance Amount Rate Maturity Date
or Loan Number Revenue Requirement Amount
$ $ $
$ $ $ 1
$ is $ 1
$ $ $ 1
The following related debts are subordinate to the proposed Financing Agreement:
Name of Lender G Debt Security or Debt Service Original
i
and Title of Debt Current Payment Interest Debt Term&, Source of Coverage Debt Balance Amount Rate Maturity Date
or Loan Number Revenue Requirement Amount
$ $ $ 1
$ $ 1
$ $ $ 1
$ $ $ 1
Attach copies of the debt documents associated with the above debts.
Financial Assistance Application Page 14 of 14 Financial Security Package(Construction)
(Rev 12/2019) Clean Water State Revolving Fund
Water Recycling Funding Program