HomeMy WebLinkAboutResolution No. 104-23 - Resolution - Rochester Liquid and Solids Upgrade Loan Application Resolution - Project No. J4411
RESOLUTION
Authorizing a Loan Application to the Minnesota Public Facilities Authority Clean Water
Revolving Fund for the Rochester Water Reclamation Plant Liquid and Solids Upgrade -
Project No. J4411.
WHEREAS the City of Rochester (City) is hereby applying to the Minnesota Public Facilities
Authority (PFA) for a funds to be used for eligible costs for the Rochester Water Reclamation
Plant Liquid and Solids Upgrade, Project No. J4411; and
WHEREAS the City has the legal authority to apply for the loan, and the financial, technical, and
managerial capacity to ensure proper construction, operation, and maintenance of the project
for its design life.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Rochester that
the City hereby expresses its official intent to use proceeds of this loan to reimburse construction
expenditures, engineering, and related equipment purchases made prior to the issuance of its
general obligation bond to the Public Facilities Authority.
BE IT FURTHER RESOLVED, that upon approval of its application by the PFA, the City may
enter into an agreement with the PFA for the above referenced project, and that the City certifies
that it will comply with all applicable laws and regulations as stated in all contract agreements
described in the Compliance listing of the loan application.
BE IT FURTHER RESOLVED, that City Clerk Kelly K. Geistler and Mayor Kim Norton, or their
legal designee, or their successors in office, are hereby authorized to execute such agreements,
and amendments thereto, as are necessary to implement the Rochester Water Reclamation
Plant Liquid and Solids Upgrade - Project No. J4411, on behalf of the City.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2023.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2023.
___________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
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