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File #: 1208-19    Version: A Name: 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 Plant Pumping Improvements project
Type: Communication Status: Passed
File created: 10/21/2019 In control: Finance and Personnel Committee
On agenda: 11/19/2019 Final action: 11/19/2019
Title: Subject: Resolution for the City of Racine to file a Declaration of Official Intent to reimburse for funds for the Plant Pumping Improvements project (SDWLP) Recommendation of the Waterworks Commission: To Approve. Recommendation of the Finance & Personnel Committee on 11-11-2019: That permission be granted to the general manager of the Water Utility to file a Declaration of Official Intent to reimburse for funds for the Plant Pumping Improvements project (SDWLP). Fiscal Note:Passage of this resolution will allow the Racine Water Utility to reimburse itself for any funds advanced for planning and engineering ahead of a loan
Attachments: 1. 1208.pdf, 2. #1208-19 Resolution

Title

Subject: Resolution for the City of Racine to file a Declaration of Official Intent to reimburse for funds for the Plant Pumping Improvements project (SDWLP)

 

Recommendation of the Waterworks Commission: To Approve.

 

Recommendation of the Finance & Personnel Committee on 11-11-2019: That permission be granted to the general manager of the Water Utility to file a Declaration of Official Intent to reimburse for funds for the Plant Pumping Improvements project (SDWLP).

 

Fiscal Note:Passage of this resolution will allow the Racine Water Utility to reimburse itself for any funds advanced for planning and engineering ahead of a loan