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HomeMy WebLinkAboutRes 99-002 Water System Improvement Project Greater Texas Utility AuthorityRESOLUTION NO. 9 9- 0 0 2 A RESOLUTION BY THE ANNA COUNCIL RELATING TO A WATER SYSTEM IMPROVEMENT PROJECT THROUGH THE GREATER TEXOMA UTILITY AUTHORITY WHEREAS, the City of Anna is seeking a grant from the Texas Department of Housing and Community Affairs and has a need for improvements to its water supply system; and WHEREAS, the City will need additional funds to complete the improvements to the water system; and WHEREAS, the City of Anna has requested that the Greater Texoma Utility Authority issue bonds on behalf of the City of Anna in the amount of $600 , 000 project; and in order to complete the WHEREAS, the Greater Texoma Utility Authority was created under provisions of Article XVI, Section 59 of the Texas Constitution as a conservation and reclamation district for the purpose of assisting its member cities with water, sewer and solid waste services; and WHEREAS, the City of Anna has entered into a Water and Sewer Service Contract with the Greater Texoma Utility Authority; and WHEREAS, it is the desire of the City of Anna that the Greater Texoma Utility Authority proceed with development of an application to the Texas Water Development Board for financing of its water supply system improvement project; NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Anna that the Greater Texoma Utility Authority is authorized to proceed with the securing of long term financing to provide the funds necessary to construct the necessary improvements to the City of Anna's water supply system in the amount of $ 6 0 0 , 0 0 0 Upon motion of Joe M u r p h seconded by Joel Foltz the above resolution was approved by the Anna City Council at its meeting held this 1 3 t h day of April, 1 9 9 9 by the following vote: 3 AYE City Secretary, City of Anna (S E A L) 0 NAY n 0 ABSTAIN Mayor, City of Anna