HomeMy WebLinkAboutRES 1980 CITY OF RENTON, WASHINGTON
RESOLUTION NO. ,] 98O
WHEREAS the City of Renton, a municipal corporation,
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operating as a non-charter code city under the laws and statutes
of the State of Washington, has heretofore applied for certain
grants under State of Washington Referendum No. 27 for the purpose,
among others , of improving the water quality and control of its
facilities , and
WHEREAS the Department of Social and Health Services ,
State of Washington, is agreeable to make such a grant in the sum
of $355, 200. 00 which sum constitutes 40% of the total costs , and
WHEREAS the City is willing to use saidproceeds to
improve its Talbot Hill Storage by construction of a six million
gallon reservoir, and
WHEREAS the City is willing to provide the funds to cover
the remaining 60% of said total costs , including all non-eligible
items , and the total cost being in the sum of $888 ,000. 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 that certain
offer of grant made by the Department of Social and Health Services ,
State of Washington, in the sum of $355, 200. 00 and the City hereby
agrees to use said funds exclusively in the improvement of its Talbot
Hill Storage facilities , by construction of a 6 million gallon reservoir.
The City further agrees to finance and provide from its Waterworks
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Utility the remaining sum for said project , to-wit : the sum of
$532 , 800. 00 for the aforementioned project and the interim financz,
therefor to be secured from said Water Utility, and the permanent
financing thereof to be derived from theproceeds of sale of
revenue bonds to be issued by said Utility. The City likewise
agrees to pay and be responsible for all other non-eligible costs
in connection with or related to said specified improvements .
SECTION III : The Mayor and the City Clerk are hereby
authorized and directed to execute any and all agreements with the
aforementioned State agency in order to consummate the above
transaction.
PASSED BY THE CITY COUNCIL this 2lstday of April , 1975.
_ f. i/
Delores A. Mead, City C er_
APPROVED BY THE MAYOR this21st day of April , 1975 .
CA Diu/
A ry Garrttt , Mayor
Approved as to form:
L
rsve lerac:
Gerard M. Shellan, City Attorney
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