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HomeMy WebLinkAboutResolution No. 2026-006R S CAR' M CITY OF CLERMONT �,,,adC,,,,,,,,,,, RESOLUTION NO. 2026-006R A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CLERMONT, FLORIDA, RELATING TO THE DRINKING WATER STATE REVOLVING FUND LOAN PROGRAM; MAKING FINDINGS; AUTHORIZING THE LOAN APPLICATION AND EXECUTION OF THE LOAN AGREEMENT FOR PROJECT NO. 35141); DESIGNATING AUTHORIZED REPRESENTATIVES; PROVIDING ASSURANCES; PROVIDING FOR CONFLICT, SEVERABILITY, ADMINISTRATIVE CORRECTION OF SCRIVENERS ERROR, PUBLICATION AND AN EFFECTIVE DATE. WHEREAS, Florida Statutes provide for loans to local government agencies to finance the pre-construction and construction of drinking water infrastructure; 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 of Florida Department of Environmental Protection (FDEP) administers the Drinking Water State Revolving Fund (DWSRF) Program to provide financial assistance to local government agencies for water infrastructure projects; and WHEREAS, the City of Clermont has been identified on the State Fiscal Year 2026 DWSRF Supplemental Appropriation for Hurricanes Helene and Milton and Hawai'i Wildfires (SAHM)Priority List for Project No. 351413; and WHEREAS,the FDEP has determined that Project No. 3514D is eligible for a total listing amount of$15,660,000, which includes $7,830,000 in principal forgiveness; and WHEREAS, the City of Clermont, Florida, intends to enter into a loan agreement with FDEP under the DWSRF program for project financing. WHEREAS, the City of Clermont intends to utilize the funds for the Planning, Design, and Construction phases of the project. NOW,THEREFORE,be it resolved by the City Council of the City of Clermont,Florida, that: SECTION 1: RECITALS The foregoing findings are incorporated herein by reference and made a part hereof. SECTION 2: FINDINGS The City Commission hereby finds that the construction and improvement of the City's drinking water infrastructure is necessary for the public health, safety, and welfare of the citizens of Clermont. d CLE ' N, CITY OF CLERMONT �f«, RESOLUTION NO. 2026-006R SECTION 3: LOAN AUTHORIZATION The City of Clermont is hereby authorized to apply for and accept a loan through the DWSRF Program for Project No. 3514D in the amount of $15,660,000, with the understanding that $7,830,000 of said principal shall be forgiven pursuant to the SAHM funding requirements. SECTION 4: AUTHORIZED REPRESENTATIVE The City Manager is hereby designated as the authorized representative to provide the assurances and commitments required by the loan application. SECTIOIN 5: EXECUTION OF AGREEMENT 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 under 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 6: LEGAL AUTHORITY The legal authority for borrowing moneys to construct this Project is 166.111, Florida Statutes. SECTION 7: CONFLICT All resolutions or parts of resolutions in conflict with any of the provisions of this Resolution are hereby repealed. SECTION 8: SEVERABILITY If any portion of this Resolution is declared invalid, the invalidated portion shall be severed from the remainder of the Resolution, and the remainder of the Resolution shall continue in full force and effect as if enacted without the invalidated portion, except in cases where such continued validity of the remainder would clearly and without doubt contradict or frustrate the intent of the Resolution as a whole. SECTION 9: ADMINISTRATIVE CORRECTION This Resolution may be re-numbered or re-lettered, and/or corrected for typographical and/or scrivener's errors which do not affect the intent of said resolution, as authorized by the City Manager or designee, without need of public hearing, by filing a corrected copy of same with the City Clerk. SECTION 10: EFFECTIVE DATE This Resolution shall become effective immediately upon its passage and adoption. CLER' M, CITY OF CLERMONT �„—,�C,,�,,p— RESOLUTION NO. 2026-006R NOW, THEREFORE, BE IT RESOLVED, that the above said resolution of the City Council of the City of Clermont, Florida be adopted on this 24th day of February, 2026. CITY OF CLERMONT, FLORIDA Tim Murry, M or ATTEST: Tracy Ackroyd 1•I6' e, MMC City Clerk Approved as to form and legality Christian W. Wat4h, City Attorney