RESOLUTION NO. 2024-60
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GONZALES
AUTHORIZING THE CITY MANAGER TO EXECUTE AGREEMENTS AND/OR
PROCEED WITH SERVICES FROM VARIOUS CONSULTANTS TO SECURE AN
INTERIM LOAN FOR CONSTRUCTION OF THE
INDUSTRIAL WASTEWATER SYSTEM
WHEREAS, the City will expand the city’s wastewater system by constructing an Industrial Wastewater System (IW System) with an initial capacity of 1.0 million gallons/day; and
WHEREAS, a CEQA-Plus EIR for the IW System was adopted in October 2021 and construction documents (plans, technical specifications, and cost estimate) were completed in September 2022, and as such, no further CEQA analysis is needed for the agreement contemplated in this resolution; and
WHEREAS, the IW System will be delivered though two construction contracts (the IW Pipeline contract and the IW Treatment Facility contract); and WHEREAS, funding to construct the IW System will come a $29M State Revolving Fund loan that will be paid back with the city’s Sewer Rates; and WHEREAS, the City needs to secure an Interim Loan to bridge the gap between paying for project costs and receiving reimbursement for such project costs from SWRCB several months later; and
WHEREAS, to facilitate securing such funding, the city requires the expertise and services of the following consultants:
1. Kutak Rock to perform Bond Counsel services in connection with the Financing
2. NHA Advisors to perform Municipal Advisor services; and
3. Hilltop Securities, to serve as Placement Agent in connection with the Financing.
NOW THEREFORE, BE IT HEREBY RESOLVED by the City Council of the City of Gonzales that the Council authorizes the City Manager to execute agreements and/or proceed with services from various consultants to secure an Interim Loan for construction of the Industrial Wastewater System.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of Gonzales duly held on the 7
th day of October 2024, by the following vote:
AYES: COUNCILMEMBERS:
NOES: COUNCIL MEMBERS:
ABSTAIN: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
_______________________________
Jose L. Rios, The Honorable Mayor
ATTEST:
______________________________
Mary Villegas, Deputy City Clerk