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Subject: Permission for the General Manager of the Water Utility to enter a Declaration of Official Intent with the City of Racine for reimbursement of the Water Treatment Plant Pumping Improvements project
Recommendation of the Racine Waterworks Commission on 10-30-18: To approve and authorize the Mayor and City Clerk to sign the Comfort Resolution regarding Declaration of Official Intent to Reimburse for Water Treatment Plant pumping improvements.
Recommendation of the Finance & Personnel Committee on 11/12/2018:That permission be granted to the General Manager of the Water Utility to enter a Declaration of Official Intent with the City of Racine for reimbursement of the Water Treatment Plant Pumping improvements.
Fiscal Note: The Racine Water Utility is applying for a Safe Drinking Water Fund Loan. It may expend internal funds that would be reimbursed by loan proceeds in the future.
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