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HomeMy WebLinkAbout2874 RESOLUTION NO. o,Q. ~ 7Z~ A RESOLUTION of the City Council of the City of Bremerton, Washington, approving a State Revolving Fund Loan (SRF) for the Cooperative Approach to CSO Reduction Program. WHEREAS, the Department of Ecology, a Washington State Agency has established a State Revolving Fund (SRF) for providing financial assistance for the City of Bremerton to provide low-interest loans to City property owners for repairing, replacing or installing new sanitary and storm water sewer systems under the Cooperative Approach to CSO Reduction Program, an element of the City's Combined Sewer Overflow (CSO) Reduction Program; and, WHEREAS, the City of Bremerton desires to participate in the loan from said SRF; and WI-IEREAS, a requirement to participate requires a resolution of the governing body authorizing the City of Bremerton to receive a SRF loan; NOW TI:I'EREFORE, THE CITY COUNCIL OF THE CITY OF BREMERTON, WASHINGTON, DOES HEREBY RESOLVE AS FOLLOWS: SECTION1. The City of Bremerton desires to participate in the SKF Loan Program. SECTION2. The City Council of the City of Bremerton does hereby authorize the City of Bremerton to receive a SRF Loan and to take such other actions as are necessary and relevant to the SRF Loan Program. SECTION 3. Severability. If anyone or more sections, subsections, or sentences of this Resolution are held to be unconstitutional or invalid, such decision shall not affect the validity of the remaining portion of this Resolution and the same shall remain in full force and effect. 1 SRF LOAN- CSO Reduction Program SECTION 4. Effective Date. This Resolution shall take effect and be in force immediately upon its passage. P,AS.~, by the City Council ofthe City of Bremerton, Washington this // day CAROL AP.ENDS, Council President APPROVED AS TO FORM: ATTEST: City Clerk j 2 SRF LOAN- CSO Reduction Program