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HomeMy WebLinkAbout15606RESOLUTION NO. 15606 A RESOLUTION ADDING THE NAME OF MAYOR HEATHER GRAHAM AS AN AUTHORIZED OFFICER OF THE CITY OF PUEBLO STORMWATER UTILITY ENTERPRISE IN CONNECTION WITH THE WATER POLLUTION CONTROL REVOLVING FUND OR DRINKING WATER REVOLVING FUND LOAN AGREEMENT WHEREAS, the City of Pueblo, Colorado acting by and through its Stormwater Utility Enterprise entered into a loan agreement with the Colorado Water Resources and Power Development Authority; and WHEREAS, the City of Pueblo desires to comply with all requirements of such Colorado Water Resources and Power Development Authority concerning its revolving fund agreement; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that SECTION 1. The name of Mayor Heather Graham shall be and hereby is added as an authorized officer and representative of the City of Pueblo, acting by and through its Stormwater Utility Enterprise, in connection with the loan agreement with the Colorado Water Resources and Power Development Authority from the Water Pollution Control Revolving Fund or Drinking Water Revolving Fund. SECTION 2. The officers of the City are authorized to perform any and all acts consistent with this Resolution to implement the policies and procedures described herein. SECTION 3. This Resolution shall become effective immediately upon final passage and approval. INTRODUCED: April 22, 2024 BY: Regina Maestri MEMBER OF CITY COUNCIL APPROVED: __________________________ PRESIDENT OF CITY COUNCIL ATTESTED BY: ________________________ CITY CLERK City Clerk's Office Item # M11 Background Paper for Proposed Resolution COUNCIL MEETING DATE: April 22, 2024 TO: President Mark Aliff and Members of City Council CC: Mayor Heather Graham VIA: Marisa Stoller, City Clerk FROM: Andrew Hayes, Public Works Director SUBJECT: A RESOLUTION ADDING THE NAME OF MAYOR HEATHER GRAHAM AS AN AUTHORIZED OFFICER OF THE CITY OF PUEBLO STORMWATER UTILITY ENTERPRISE IN CONNECTION WITH THE WATER POLLUTION CONTROL REVOLVING FUND OR DRINKING WATER REVOLVING FUND LOAN AGREEMENT SUMMARY: This Resolution adds the name of Heather Graham as an authorized officer of the Stormwater Utility Enterprise of the City of Pueblo in connection with the Water Pollution Control Revolving Fund or the Drinking Water Revolving Fund Loan Agreement. PREVIOUS COUNCIL ACTION: The City Council previously approved Resolution No. 14234 designating Mayor connection with the Water Pollution Control Revolving Fund or the Drinking Water Revolving Fund Loan Agreement. BACKGROUND: This Resolution approves the designation of Mayor Heather Graham as the authorized from the Water Pollution Control Revolving Fund or the Drinking Water Revolving Fund. FINANCIAL IMPLICATIONS: Stormwater Utility Enterprise loan from the Water Pollution Control Revolving Fund or the Drinking Water Revolving Fund. BOARD/COMMISSION RECOMMENDATION: Not applicable to this Resolution. STAKEHOLDER PROCESS: Not applicable to this Resolution. ALTERNATIVES: None. This Resolution has been requested by the Colorado Water Resources and Power Development Authority. RECOMMENDATION: Approve the Resolution. ATTACHMENTS: None