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HomeMy WebLinkAboutRES 2147 • 1 • • CITY OF RENTON , WASHINGTON RESOLUTION 2147 WHEREAS the City of Renton, a municipal corporation operating as a non-charter code city under the laws and statutes of the State of Washington, has heretofore applied , as lead agency, on behalf of Water Districts No. 14 , 63 , 69 , 77 , and 88 and itself , for a grant under State of Washington Referendum No . 27 for the purpose, among others , of improving the water quality and control of their facilities , and WHEREAS the Department of Social and Health Services , State of Washington, is agreeable to make such a grant in the sum of $398 , 357. 00 which constitutes 40 percent of the total costs , and WHEREAS the City is willing to use said proceeds to improve its service to the West Hills area and a.foremestioned Water District areas by construction of a two million gallon reservoir , pumping facilities , and transmission water mains to the afore- mentioned water districts , and WHEREAS the City is willing to execute the "Intergovernmental Contract for Joint Water Supply and Storage Facilities" with the aforementioned Water Districts , and WHEREAS the City is willing to provide the funds , as provided for in the "Intergovernmental Contract for Joint Water Supply and Storage Facilities ," to cover the remaining 60 percent of said total costs , including all non-eligible items , and the total cost being in the sum of $597 , 535 . 00 , NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON DO RESOLVE AS FOLLOWS : SECTION I: The above findings and recitals are hereby found to be true and correct in all respects . SECTION II: The City hereby agrees to accept on behalf of the aforementioned agencies , that certain offer of grant made by the Department of Social and Health Services , State of Washington, in -1- • A 1� /V t the sum of $398 , 357 .00 and the City hereby agrees to use said funds exclusively in the improvement of service to the West Hills area and aforementioned Water District areas , by construction of a two million gallon reservoir , pumping facilities , and transmission water mains to the aforementioned Water Districts . The City further agrees to finance and provide from its Waterworks Utility the remaining sum for said project to-wit : the sum of $597 , 535 . 00 for the aforementioned project and the interim financing therefor to be secured from said Water Utility, and the permanent financing thereof to be derived from the proceeds of the sale of revenue bonds to be issued by said Utility, as provided for in the "Intergovernmental Contract for Joint Water Supply and Storage Facilities . " The City likewise agrees to pay and be responsible for all other non-eligible costs in connection with or related to said specific improvement as provided for in the aforementioned agreement. SECTION III : The Mayor and the City Clerk are hereby authorized and directed to execute the Offer and Acceptance Agreement with the aforementioned state agency, in order to consummate the above transaction. PASSED BY THE CITY COUNCIL this 21st day of November , 1977. 0e2 a. Delores A. Mead, City Cl rk APPROVED BY THE MAYOR this 21st day of November, 1977 . z�C��CC L -!%t tiv`L2r Charles /. Delaurenti , Mayor Approved as to- legal form: B y r City Attorney -2-