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HomeMy WebLinkAboutRES 3201 CITY OF RENTON, WASHINGTON RESOLUTION NO. 3201 A RESOLUTION OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN INTERLOCAL COOPERATIVE AGREEMENT ENTITLED "PUBLIC WORKS TRUST FUND CONSTRUCTION LOAN AGREEMENT" FOR INSTALLATION OF' THE SUNSET INTERCEPTOR. WHEREAS, the existing sewer interceptor and lift stations within the Honey Creek Subbasin have reached their available capacity and require replacement; and WHEREAS, the City of Renton intends to install the new sanitary sewer interceptor; and WHEREAS, the Public Works Trust Fund has agreed to make a construction loan to the City of Renton; and WHEREAS, it is necessary to document that loan by means of an agreement entitled "Public Works Trust Fund Construction Loan Agreement" ; and WHEREAS, it is in the interest of the citizens of the City of Renton to enter into said loan agreement; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO RESOLVE AS FOLLOWS : SECTION I. The above recitals are found to be true and correct in all respects . Page 1 RESOLUTION NO. 3201 SECTION II. The Mayor and City Clerk are hereby authorized to sign the agreement entitled "Public Works Trust Fund Construction Loan Agreement Number PW-96-791-044 . " PASSED BY THE CITY COUNCIL this 3rd day of June 1996 . Marily- 4Ftersen, City Clerk APPROVED BY THE MAYOR this 3rd day of June , 1996 . Je se Tanner, Mayor Approved as to form: Lawrence J. WarrOeCIAA'441(5eiti"tet°s'tyAttorney RES .513 :5/01/96 :as . Page 2