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1148 RES AUTHORIZING CITY MANAGER TO FILE NOTICE OF INTENTION TO APPLY FOR FINANCIAL ASSISTANCE FROM TX WATER DEVELOPMENT BOARD~ a RESOLUTION NO. 1148 USLBIMON AVfWUi;IW CITY MANAGER TG FM OUTICZ O3► IlN1"VMCS TO l►MY FM nUMUL Ag• sxsu1lGa nmT8us wnR Dem.tmm sum STA1E O8 TRA" X COtTKR i7F LAN" I CIlY ~ PAaIS I WOMS, the Gity c~f Pasi,a, Ts"a, bur• contar"tad wttb th~ Unite! States Gorpr af Engic►eero for Water Stcnrag• !n S&adere Crroak Frnjeet know+► a.s "#!at May~* Russsvotr" to bs uaed as a wAstcaipikl water supply fas taid City„ end WNSIV.6j, +r-oicl City has cs+antratami tca turaish water ca the CmVboll Scup Coa"ny a~t its plant rwar th: Ci.ty of Paris, Texws; AnA ~'►MS, +due tcr the inadoquate ru"ly available iaa the City's Laks Cr+toe it Le ir"rative that coastmetion of a t~tor supp1y ,iae fzom L,ciks Pet tUyse and a filtration piant be oonet~tod a* +cs to hiAvs avai1ab1e the rr►ator supply ~y January , lq, 67 and iMS, the estiouted aost ol suwch waCer supply lY.no aLnd ti1tratian p1ant ieclutiias angineering fe.s, adm#.nistr6tiaa cc►aGS and latexosc dusing consts~tion As sstiamated b~ the City's Consuleing t,ngin"ro, Msrsrs. Forre,rt and Cottou! U4114#0 T"#a►, total $ 2 , 300, 000 ; anci WHI&W, the City'a rinanc3,a1 Advistrrs, Meswxs. Almon, me1tiiktkoy &Dud1ey, Inc., Da11", "Taat", have advised the City Chat tha rovonmes of ths City's Watrtr and S*wer Dspartment "tter providing #oa~ 0A*int4n&ne* And "saikltion &ad payswrut of autrtAnct~ng Yater and Sawear Rovowa Bondts and pro- vidiag thho eavarago s+rquirod #y th• c►rdinacn+¢es authorixing tbe outst.anding Wrts~ sad Sowenr larvanuo BorAn wi11 n,ot be svf€iciont tc ailor the issuauco of lir+tt lioz rerre,au+e bcrauds in xn aeamut suf#Lcie~~ to linameo tho eonetructian roqairo[; sad furthor, that the Gity eoulc# nat rell junic►s lion r•err+enue boaada at a favrorable marcet raee witb+cut State af 7C"os ars#.atAac~; attd VOSRUS, the Stat+e o# ?"as Wat sr Dmmlc+prat Board is outttosised upAer Arti+ela iIIg Stcttiaa 49c, Stat* Constitut;ton anf{ ArtLc2e 8290-9. I y a qecNMIs Amnot~~~~~ Civil Statcate&, 1923* aa or►srWod, Lo +r~~end figaucial to assistancs/losal3y ogrosroxad watox supplY prcrj+ccts u~ applLaaiCaLau by lOcal offie-LOls And wadir its pr"criWW Mu1" grAd Aogulatioar; *44 11A3, wdev sai.d Texar Wot+anr Dtvslopwmt 8rmrd Ritlw aad Rsgu►Uticana. Paart I„ a Ncrtice of Istwtiou to +apply €vr financial "sistancs ats requiarei; tbersfore ax IT nomm BY THE Ct'1"Y COU11CIL 4F '1'Hlt CITXX #X►F P,A1tI8, TuXAs: 1: ThAkC H. C. Kennemer ~City ~Manabe # +Mn4 he is beroby +w►ltbotis" and dirwctod tra fit# s+ach M+atice of 1atoa~Lom t+a apply foa fi.ruanc1a1 assiscance fram ¢ho Taums Woter DeveiopoSnC Sorrrd La fi- xaoncaing the watar suppr1y tirae fsom Lake Pat May$* and filtration p1ant rAa""ryo j"` m.,2: Tha~ he i.s lwrthaar eut.horised to roquiace and furntsh t4 •a#,cl Twm,r Watsr Dev►alopmene board t'rom tlxa City"* Consulting igagis►sezs, P`mcr+wt anc3 Co~ton, Xm., atsd from the C:ICy'a Fiauesercial Advi*+c►rs, AlmAM. lWCimey b► Dedl+ay, Tac., any +angiaeering data aod toposts and 9Einsaaio1 data, bond pzr+joctions, at+u. mW any othsr iafearsotl.on as ase sequirsA by eb►s Teass Wet+er Dr"lopmsx►e Bo►rd; snd he is lvrthes astlaosfzed t+a cansvltation with tha Trxaa woter bo"lapmmt Board, the City•e finamial i►dvi.ror an1 1lagta"vs co adua the d+eaisl.on cn the divisiou af the Pvop+asod Water and SoMor 8erem+~ ~~W beIrwsen first liec► bonda and sscond lion bonds avd the porcion that wili 'bo so1d t3zarough private chsnnels, if any, and the pcrrtion Co bo s+a1d to the Tot" WALt+er Dvmlopammt tl"rd, and to dat.eraiae the manner ot arturity of r~ch borAs. t AND AFPROM this the 9th dty ~f AuSttst, 1965. Mayor ATMTs City Sscsetary