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WHEREAS, the City Council desires to pursue the availability of said loan by filing the <br />necessary application forms with the Texas Water Development Board and by posting same by the <br />State's deadline of Wednesday, January 28, 2004; NOW, THEREFORE, <br /> <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, <br />TEXAS: <br /> <br /> Section 1. That the findings set out in the preamble to this resolution are hereby in all things <br />approved. <br /> <br /> Section 2. That an application with accompanying documentation be made to the Texas <br />Water Development Board for a loan from the Texas Drinking Water State Revolving Fund <br />(DWSRF) Program, at such interest rate and on such terms and conditions as the Water Development <br />Board shall impose, said loan to be in the amount necessary to finance phase one and phase two of <br />those improvements identified by Freese & Nichols Engineers in a recent study of the City's water <br />treatment plant. <br /> <br /> Section 3. That the City Manager be, and he is hereby, appointed as the authorized official <br />of said loan application process and is authorized and directed to execute, on behalf of the City of <br />Paris, all documents incident to the aforesaid loan application under the terms and conditions and in <br />the form approved by the City Attorney. <br /> <br /> Section 4. That the City Engineer be, and he is hereby, appointed as project director and is <br />hereby authorized to execute and deliver on behalf of the City of Paris, all reports, communications, <br />assurances, and other documents necessary and incident to the completion of the City's application <br />for said loan. <br /> <br /> Section 5. That the Director of Finance be, and he is hereby, authorized and directed to serve <br />as the finance officer for said loan and to prepare any and all information or documentation as <br />required by the Texas Water Development Board incident to the approval of said loan. <br /> <br />Section 6. That this resolution shall be effective from and after its date of passage. <br /> <br />PASSED AND APPROVED this 28th day of January, 2004. <br /> <br />Curtis Fendley, Mayor <br /> <br />ATTEST: <br /> <br />Mattie Cunningham, City Clerk <br /> <br /> <br />