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HomeMy WebLinkAboutRES 2904 i CITY OF RENTON, WASHINGTON RESOLUTION NO. 2904 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 SIERRA HEIGHTS SANITARY SEWER. WHEREAS, the Washington State Department of Health has declared a portion of the Sierra Heights area a severe health hazard; and WHEREAS, the City of Renton intends to install a sanitary sewer line to the Sierra Heights area; and WHEREAS, the Public . Works -Trust Fund has agreed to make a constr-:ucton :loan to the City of. Renton; and jWHEREAS, it is necessary to document that loan by means of an .,agre;ement .:.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 . SECTION II . The Mayor and City Clerk are hereby authorized to sign the agreement entitled "Public Works Trust Fund Emergency Loan Agreement Number PW-5-92-280-033 . " 1 RESOLUTION NO. 2904 PASSED BY THE CITY COUNCIL this 15th day of June , 1992 . Marilyn, ersen, City Clerk APPROVED BY THE MAYOR this 15th day of June , 1992 • Ear ly rj A Approved to form: Lawrence :-J.»: ::Warr , City Attorney 'RES-21'2.:'5/2.6;/';9 2::as . 2