2026-R-08 - Wastewater Treatment Plant ExpansionRESOLUTION 2026-R-08
"A RESOLUTION OF CITY OF EDGEWATER, FLORIDA,
RELATING TO THE STATE REVOLVING FUND LOAN
PROGRAM; MAKING FINDINGS; AUTHORIZING THE
LOAN APPLICATION; AUTHORIZING THE LOAN
AGREEMENT; ESTABLISHING PLEDGED REVENUES;
DESIGNATING AUTHORIZED REPRESENTATIVES;
PROVIDING ASSURANCES; PROVIDING FOR
CONFLICTS, SEVERABILITY, AND EFFECTIVE DATE."
WHEREAS, Florida Statutes provide for loans to local government agencies to finance the
construction of wastewater treatment facilities; and
WHEREAS, Florida Administrative Code rules require authorization to apply for loans, to
establish pledged revenues, to designate an authorized representative; to provide assurances of
compliance with loan program requirements; and to enter into a loan agreement; and
WHEREAS, the State Revolving Fund loan priority list designates Project No. WW64056 as
eligible for available funding; and
WHEREAS; the City of Edgewater, Florida, intends to enter into a loan agreement with the
Department of Environmental Protection Linder the State Revolving Fund for project financing.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY
OF EDGEWATER, FLORIDA, as follows:
SECTION 1. The foregoing findings are incorporated herein by reference and made a part
hereof.
SECTION 11. The City of Edgewater, Florida, is authorized to apply for a loan to finance the
Project.
SECTION 111. The City Manager is hereby designated as the authorized representative to
provide the assurances and commitments required by the loan application.
SECTIOIN IV. The Mayor is hereby designated as the authorized representative to execute the
loan agreement which will become a binding obligation in accordance with its terms when
signed by both parties. The Mayor is authorized to represent the City in carrying out the City's
responsibilities tinder the loan agreement. The Mayor is authorized to delegate responsibility to
appropriate City staff to carry Out technical, financial, and administrative activities associated
with the loan agreement.
SECTION V. The legal authority for borrowing moneys to construct this Project is 166.111,
Florida Statutes,
SECTION VI. All resolutions or part of Resolutions in conflict with any of the provisions of
this Resolution are hereby repealed.
SECTION VIL If any section or portion of a section of this Resolution proves to be invalid,
unlawful, or unconstitutional, it shall not be held to invalidate or impair the validity, force, or
effect of any other section or part of this Resolution.
SECTION VIII. This Resolution shall become effective immediately upon its passage and
adoption.
PASSED and ADOPTED this Day of March, 2026.
ATTEST:
MoniqJe Toupin, In rim City Clerk
APPROVED AS TO FOIZM AND
LE
Sabatiili,-City
I Depew, Mayor