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HomeMy WebLinkAboutRES 3055 CITY OF RENTON, WASHINGTON RESOLUTION NO. 3055 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 SANITARY SEWER MAIN GROUTING AND REHABILITATION. WHEREAS, The City of Renton intends to perform grouting and rehabilitation work on its sanitary sewer system; 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 . SECTION II. The Mayor and City Clerk are hereby authorized to sign the agreement entitled "Public Works Trust Fund Emergency Loan Agreement Number PW-5-94-784-031" . PASSED BY THE CITY COUNCIL this 18th day of April , 1994 . Marilyn etersen, City Clerk 1 RESOLUTION NO. 3055 APPROVED BY THE MAYOR this 18th day of April , 1994 . rk Clymer, yor Approved to f Lawr ce J. Warre , City Attorney RES. 364 : 3/15/94 :as . 2