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RESOLUTION NO. 2025-
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CORONA, CALIFORNIA, REPEALING RESOLUTION NO.
2024-106
WHEREAS, the City of Corona (the “City”) desires to finance the costs of installing a granular activated carbon treatment system at two well site locations (Wells 7a and 8a) to remove PFAS and other volatile organic compounds to acceptable state-mandated levels from its groundwater supply and adding an additional ion exchange treatment vessel to the Ion Exchange Treatment Plant to improve the City’s water quality and reduce its reliance on imported water supplies (the “Project”); and
WHEREAS, the City intends to finance the construction and/or reconstruction of the Project or portions of the Project with moneys (“Project Funds”) provided by the State of California, acting by and through the State Water Resources Control Board (“SWRCB”); and WHEREAS, the SWRCB may fund the Project Funds with proceeds from the sale of obligations the interest upon which is excluded from gross income for federal income tax purposes (the “Obligations”); and
WHEREAS, on November 20, 2024, the City Council adopted Resolution No. 2024-106 declaring the City’s intent to reimburse the City for expenditures paid prior to the issuance of the Obligations or the approval by the SWRCB of the Project Funds; and WHEREAS, subsequent to the adoption of Resolution No. 2024-106, which indicated that the maximum amount of Project Funds is $5,000,000, SWRCB informed the City that the maximum amount of Project Funds has been increased to $11,891,000; and WHEREAS, on June 14, 2025, the City Council adopted Resolution No. 2025-085 declaring the City’s intent to reimburse the City for expenditures paid prior to the issuance of the Obligations and documenting the updated amount of the Project Funds; and WHEREAS, the City Council now desires to repeal Resolution No. 2024-106.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORONA, CALIFORNIA, AS FOLLOWS:
SECTION 1. Repeal of Resolution No. 2024-106. Resolution No. 2024-106 is hereby repealed.
SECTION 2. Effective Date. The Mayor shall sign this Resolution, and the City Clerk shall attest thereto, and this Resolution shall become effective immediately upon its passage and adoption.
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PASSED, APPROVED AND ADOPTED this 18th day of June 2025. ________________________________
Mayor of the City of Corona, California
ATTEST:
____________________________________
City Clerk of the City of Corona, California
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CERTIFICATION
I, Sylvia Edwards, City Clerk of the City of Corona, California, do hereby certify that the foregoing Resolution was regularly passed and adopted by the City Council of the City of Corona, California, at an adjourned meeting thereof held on the 18th day of June 2025, by the following vote:
AYES:
NOES:
ABSTAINED:
ABSENT:
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Corona, California, this 18th day of June 2025.
City Clerk of the City of Corona, California
(SEAL)