Loading...
HomeMy WebLinkAboutMO # 1822322 MUNICIPAL ORDER NO. 1822 A MUNICIPAL ORDER APPROVING AND AUTHORIZING PADUCAH WATER TO OBTAIN LOAN ASSISTANCE TO UPGRADE ITS DRINKING WATER INFRASTRUCTURE WHEREAS, the Commissioners of Waterworks (hereinafter "Paducah Water") is a political subdivision of the Commonwealth of Kentucky and an agency of the City of Paducah, Kentucky (hereinafter "the City") duly established and empowered pursuant to,KRS 96.320 to manage on behalf of the City the municipal water system of the City of Paducah, as codified in the Code of Ordinances of the City of Paducah, Section 114-298; and WHEREAS, Paducah Water is authorized to establish, erect, construct, acquire, own, maintain, and operate the municipal water system, together with extensions and necessary appurtenances thereto, within or without the corporate limits of the City; and WHEREAS, Paducah Water has determined that for purposes of continuing to provide an adequate and reliable drinking water supply to its customers in the City of Paducah and McCracken County, Kentucky, it is necessary to upgrade its system by and through the completion of the 24" Main Transmission Project (hereinafter "the Project"); and WHEREAS, in order to complete the Project, it will be necessary for Paducah Water to obtain loan assistance in the amount of $4.493 million; and WHEREAS, under the terms of the Safe Drinking Water Act Amendments of 1996 (Public Law 104-182) and amendments to KRS 224A, the State is authorized to render financial assistance to eligible project applicants by way of capitalization grants from the U. S. Environmental Protection Agency and State match funds comprising the Federally Assisted Drinking Water Revolving Fund (State Revolving Loan Program). The program is established to aid in the construction of drinking water treatment facilities -improvements and certain related facilities with consideration for approval to be based on applications submitted through the Kentucky Energy and Environment Cabinet and the Kentucky Infrastructure Authority; and WHEREAS, the improvements proposed for construction by Paducah Water within the McCracken County area are considered eligible for such loan assistance; and WHEREAS, in order for Paducah Water to complete the Project and obtain loan assistance, the Kentucky Infrastructure Authority has asked the City of Paducah, because many of the assets used and owned by Paducah Water are titled in the name of the City of Paducah, to approve the project and loan assistance from Kentucky Infrastructure Authority which was approved by the Commissioners of Waterworks; and, WHEREAS, it is beneficial for the City of Paducah for Paducah Water to complete the Project. NOW, THEREFORE, BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY: Section 1. The City of Paducah hereby approves of the 24" Main Transmission Project proposed by Paducah Water and specifically approves of Paducah Water applying for the loan assistance, as described herein, which it has deemed necessary to complete the project. Further, Paducah Water's General Manager, Bill Robertson, PE, and/or the Mayor of the City of Paducah, Gayle Kaler, may execute any and all documents which are necessary and/or convenient in the premises in order for Paducah Water to complete the project and for loan assistance described herein. r,7F,re-,n TT,�iu u+� . «.�:I III I d- -. 323 Section 2. This Order shall be in full force and effect on and after the date of approved by the Board of Commissioners of the City of Paducah, Kentucky. ATTEST: r0"Ifflmnimiz. 1, Adopted by the Board of Commissioners, March 10, 2015 Recorded by City Clerk, March 10, 2015 \no\PWW-loan-drinking water infrastructure 3-2015