HomeMy WebLinkAboutRES 3127 CITY OF RENTON, WASHINGTON
RESOLUTION NO. 3127
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 CENTRAL RENTON SEWER REPLACEMENT.
WHEREAS, the sanitary sewers in the area bounded by N. 4th
Street, Burnett Avenue N. , the Cedar River, Bronson Way N. and
Houser Way N. are approximately seventy years old and in need of
replacement; and
WHEREAS, the City of Renton intends to install the new
sanitary sewers; and
WHEREAS, the Public Works Trust Fund, has agreed to make a
construction loan to the City of Renton; and.
WHEREAS, it is neces-sary to document that. .loan by means—of an
agreement entitled. "Public, Works Trust Fund Construct=ion 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 .
SECTION II. The Mayor and City Clerk are hereby authorized
to sign the agreement entitled "Public Works Trust Fund
Construction Loan Agreement Number PW-5-95-791-033 . "
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RESOLUTION NO. 3127
PASSED BY THE CITY COUNCIL this 5th day of June , 1995 .
Bren a Fritsvold, Deputy City Clerk
APPROVED BY THE MAYOR this 5th day of June , 1995 .
Ea Clymer, MaNr
Approved as to form:
Lawr e . Warre , City Attorney
RES.447 : 5/23/95 :as .
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