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Res 2022-172R/approving and authorizing the filing of an application for assistance from the Texas Water Development Board (TWDB) in an amount not to exceed $5,800,000.00 in connection with the Wallace Offsite Drainage
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Res 2022-172R/approving and authorizing the filing of an application for assistance from the Texas Water Development Board (TWDB) in an amount not to exceed $5,800,000.00 in connection with the Wallace Offsite Drainage
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10/13/2022 4:12:37 PM
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9/27/2022 2:34:10 PM
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Resolutions
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Approving
Number
2022-172R
Date
8/2/2022
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RESOLUTION NO. 2022-172R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS APPROVING AND AUTHORIZING THE FILING OF <br /> AN APPLICATION FOR ASSISTANCE FROM THE TEXAS WATER <br /> DEVELOPMENT BOARD (TWDB) IN AN AMOUNT NOT TO EXCEED <br /> $5,800,000.00 IN CONNECTION WITH THE WALLACE OFFSITE <br /> DRAINAGE IMPROVEMENT PROJECT; DESIGNATING AN <br /> AUTHORIZED REPRESENTATIVE TO ACT ON BEHALF OF THE CITY <br /> FOR PURPOSES OF FURNISHING INFORMATIN AND EXECUTING <br /> REQUIRED DOCUMENTS IN CONNECTION WITH THE <br /> APPLICATION; DESIGNATING FIRMS AND INDIVIDUALS <br /> AUTHORIZED AND DIRECTED TO AID AND ASSIST THE CITY IN THE <br /> PREPARATION AND SUBMISSION OF THE APPLICATION AND TO <br /> APPEAR ON BEHALF OF AND REPRESENT THE CITY IN ANY <br /> HEARING HELD ON THE APPLICATION; AND DECLARING AN <br /> EFFECTIVE DATE. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. An application is hereby approved and authorized to be filed with the Texas <br /> Water Development Board (TWDB) seeking financial assistance in an amount not to exceed <br /> $5,800.000.00 (a grant and a zero percent interest loan in the amount of $1,740,000 and <br /> $4,060,000, respectively) to provide for the costs of constructing off-site drainage improvements <br /> in the Wallace Addition Subdivision. <br /> PART 2. The Director of Engineering/CIP is hereby designated the authorized <br /> representative of the City of San Marcos for purposes of furnishing such information and executing <br /> such documents as may be required in connection with the preparation and filing of such <br /> application for financial assistance and the rules of the Texas Water Development Board. <br /> PART 3. The following individuals are hereby authorized and directed to aid and <br /> assist in the preparation and submission of such application and appear on behalf of and represent <br /> the City of San Marcos before any hearing held by the Texas Water Development Board on such <br /> application, to wit: <br /> Financial Advisor: Dan Wegmiller <br /> Specialized Public Finance <br /> Engineer: Ken Carper <br /> BGE, Inc. <br /> Bond Counsel: J. Bart Fowler <br /> McCall Parkhurst&Horton <br />
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