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HomeMy WebLinkAboutReso - CC - 041-2009RESOLUTION NO.41-200 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME ESTABLISHING A DEDICATED SOURCE OF REVENUE FOR REPAYMENT OF THE STATE REVOLVING FUND FINANCING AGREEMENT FOR THE PLANNING, DESIGN AND CONSTRUCTION OF AN INFLUENT STORM WATER RETENTION BASIN AT THE WASTEWATER TREATMENT PLANT WHEREAS, pursuant to its Regional Water Control Board Permit, its settlement of the Baykeeper litigation and the Nolte and Associates consultant report, the City of Burlingame intends to design and construct an influent storm water retention basin at its Wastewater Treatment Plant; and WHEREAS, the California Water Resources Control Board provides low-interest financing to local agencies from the State Revolving Fund (SRF) to construct qualifying water quality improvements; and WHEREAS, pursuant to Resolution 9-2009, the City of Burlingame has applied for low-interest financing from the SRF in order to construct the influent storm water retention basin at the City's Wastewater Treatment Plant; and WHEREAS, the State requires that the local agency comply with certain procedural requirements including this resolution establishing a dedicated source of revenue for repayment to the State of the funds advanced pursuant to this SRF agreement. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BURLINGAME DOES HEREBY RESOLVE, ORDER AND DETERMINE AS FOLLOWS: 1. The City of Burlingame hereby establishes the sewer user fee as a dedicated source of revenue for the repayment of any and all Clean Water State Revolving Fund program financing for the planning, design and construction of the City's influent storm water retention basin at the Waste Water Treatment Plant. 2. The City of Burlingame orders that the sewer user fees shall remain a dedicated source of revenue for repayment of said financing throughout the term of the refinancing, unless modification or changes of such dedication is approved in writing by the City and the State Water Resources Control Board. a -nn Ann Keighran, ayor I, Mary Ellen Kearney, Clerk of the City of Burlingame, hereby certify that the foregoing Resolution was duly and regularly introduced and adopted at a regular meeting of the Burlingame City Council held on the 4th day of May, 2009, by the following vote to wit: AYES: Councilmembers DEAL, KEIGHRAN, NAGEL, BAXLLOCK, O'MAHONY NOES: Councilmembers: NONE ABSENT: Councilmembers: NONE Mary Elten I earney, City Cler