439 SRF Loan
City of Yelm
Resolution No. 439
A RESOLUTION CLARIFYING RESOLUTION NO. 436
AUTHORIZING THE CITY OF YELM TO RECEIVE A STATE
REVOLVING FUND (SRF) LOAN.
WHEREAS, the Department of Ecology, a Washington State Agency, has
established a State Revolving Fund (SRF) for providing financial assistance for
the construction of water pollution control facilities; and
WHEREAS, the City of Yelm adopted Resolution No. 436 on April 23rd,
2003 which authorized the loan in the amount of $755,000 from said SRF; for
the purpose of constructing a 500,000 reclaimed water reservoir and constructing
a reclaimed water line to Yelm High School; and
WHEREAS, an amendment has been approved by the Department of
Ecology State Revolving Fund to complete necessary modifications to the
reclaimed water facilities equalization basin in the amount of $100,705, bringing
the total SRF loan amount to $855,705.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF YELM AS
FOllOWS:
Section 1. The City of Yelm desires to participate in the SRF Lòan
Program.
Section 2. The City Council of the City of Yelm does hereby authorize
the City of Yelm to receive the additional SRF Loan monies, bringing the total
loan amount to $855,705, and to take such other actions as are necessary and
relevant to the SRF loan Program.
ADOPTED by the City Council of the City of Yelm, Washington, at its
regular m~eting on November 12th,~..3Q62. J..ðo;
CITY OF;. !VEL ~~
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Adar¡ RiVJ. Mayor
ATTEST: /Í;/i'-í4 yJ~b1(¡t{/lt./
A s Bennick, City Clerk
ab\resol\2004