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HomeMy WebLinkAboutRes 1999-11 (r"..... RESOLUTION NO. 99-11 A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS, REQUESTING FINANCIAL ASSISTANCE FROM THE TEXAS WATER DEVELOPMENT BOARD; AUTHORIZING THE FILING OF AN APPLICATION FOR ASSISTANCE; AND MAKING CERTAIN FINDINGS IN CONNECTION THEREWITH THE STATE OF TEXAS S COUNTY OF HARRIS S CITY OF WEST UNIVERSITY PLACE S WHEREAS, the City of West University Place, Texas (the "City'l) hereby finds and determines that there is an urgent need for the City to construct improvements to the City's sanitary . sewer system; and WHEREAS, such capital improvements cannot be reasonably financed unless financial assistance is obtained from the Texas Water Development Board; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS, THAT: Section 1. An application is hereby approved and authorized to be filed with the Texas Water Development Board seeking financial assistance in an amount not to exceed Three Million Fifteen Thousand Dollars ($3,015,000) to provide for the costs of constructing improvements to the City's sanitary sewer system. Section 2~ Walter Thomas, Finance Director of the City, is hereby designated the authorized representative of the City for purposes offurnishing such information and executing such documents as may be required in connection with the preparation and filing of such application for financial assistance and with complying with the rules of the Texas Water Development Board. Section 3 ~ The following firms and individuals are hereby authorized and directed to aid and assist in the preparation and submission of such application and appear on behalf of and represent the City before any hearing held by the Texas Water Development Board on such application, to-wit: Financial Advisor Engineer Bond Counsel Frank lldebrando Dain Rauscher Incorporated 500 First City Tower 1001 Fannin Houston, TX 77002 713/651-3370 Claunch & Miller, Inc.. 3701 Kirby Drive, #806 Houston, TX 713/524-7113 77098 Frank McCreary Vinson & Elkins L.L.P~ 2300 First City Tower Houston, TX 77002-6760 713/758-2440 PASSED AND APPROVED this 28th day of June, 1999. ~l~~~J \.~ Mayor City of West University Place, Texas A TrEST: Ity ecretary City of West University Place, Texas (SEAL)