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20-DELIBERATE/ACT ON RES AUTHORIZING SUBMISSION OF APPLICATION TO APPLY FOR LOAN TO TX WATER DEVELOPMENT BOARD'S DRINKING WATER STATE REVOLVING FUND FOR PROJECT #9424
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20-DELIBERATE/ACT ON RES AUTHORIZING SUBMISSION OF APPLICATION TO APPLY FOR LOAN TO TX WATER DEVELOPMENT BOARD'S DRINKING WATER STATE REVOLVING FUND FOR PROJECT #9424
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Draft <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, <br />AUTHORIZING APPLICATION FOR FINANCIAL ASSISTANCE FROM THE <br />TEXAS WATER DEVELOPMENT BOARD; AND MAKING CERTAIN <br />FINDINGS IN CONNECTION THEREWITH; AND DECLARING AN <br />EFFECTIVE DATE. <br />WHEREAS, the City of Paris, Texas (the "City") hereby finds and determines that <br />there is an urgent need for the construction of improvements to the City's water system; <br />and, <br />WHEREAS, such capital improvements cannot be reasonably financed unless <br />financial assistance is obtained from the Texas Water Development Board; and, <br />WHEREAS, it is hereby officially found and determined; that public notice of the <br />time, place, and purpose of said meeting was given, all as required by Texas Government <br />Code, Chapter 551. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, TEXAS: <br />Section 1. That the findings set out in the preamble of this resolution are hereby <br />in all things approved. <br />Section 2. An application is hereby approved and authorized to be filed with the <br />Texas Water Development Board seeking financial assistance in an amount not to exceed <br />$3,405,317.00 to provide funds for water line replacement for the City's water distribution <br />system. <br />RESOLUTION N0. <br />Section 3. That the following firms and individuals are hereby authorized and <br />directed to aid and assist in the preparation and submission of such application and appear <br />on behalf of and represent the City before any hearing held by the Texas Water <br />Development Board on such application, to-wit: <br />Financial Advisor <br />Bond Counsel <br />Engineer <br />Dan Almon <br />Southwest Securities, Inc. <br />1201 Elm St., Ste. 3500 <br />Dallas, Texas 75270 <br />Phone: (214)859-9452 <br />Fax: (214)859-9475 <br />Email: datmonftswst.com <br />Dan Culver <br />McCall, Parkhurst & Horton L.L.P <br />717 N. Harwood, 9lh Floor <br />Dallas, Texas 75201-6587 <br />Phone: (214)754-9575 <br />Fax: (214)754-9250 <br />Email: dculverPmphtegal.com <br />Tom Pruitt, P.E. <br />Hayter Engineering, Inc. <br />4445 SE Loop 286 <br />Paris, Texas 75460 <br />Phone: (903)785-0303 <br />Fax: (903)785-0308 <br />Email: tpruitt@haytereng.com <br />- - 100 <br />
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