RESOLUTION NO. RES-2026-106
RESOLUTION OF THE COUNCIL OF THE CITY OF SANTA ROSA APPROVING A CLEAN WATER STATE REVOLVING FUND APPLICATION TO THE STATE WATER RESOURCES CONTROL BOARD FOR THE FULTON ROAD SEWER LIFT STATION RELOCATION PROJECT WHEREAS, the City of Santa Rosa (Agency) desires to finance the costs of constructing and reconstructing public wastewater collection facilities and improvements associated with the Fulton Road Sewer Lift Station Relocation Project (Project); and WHEREAS, the Agency 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 (State Water Board); and WHEREAS, the State Water Board 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, prior to either the issuance of the Obligations or the approval by the State Water Board of the Project Funds the Agency desires to incur certain capital expenditures (the “Expenditures”) with respect to the Project from available moneys of the Agency; and WHEREAS, the Agency has determined that those moneys to be advanced on and after the date hereof to pay the Expenditures are available only for a temporary period and it is necessary to reimburse the Agency for the Expenditures from the proceeds of the Obligations; and WHEREAS, on November 1, 2018, the Board of Public Utilities adopted a Mitigated Negative Declaration and Mitigation Monitoring and Reporting Program and approved the Project; and WHEREAS, the financing actions authorized by this resolution do not modify the Project’s physical scope or authorize physical activities beyond those previously reviewed and approved, and no substantial changes to the Project, substantial changes in circumstances, or new information of substantial importance require additional environmental review pursuant to California Environmental Quality Act Guidelines Section 15162.
NOW, THEREFORE, THE AGENCY DOES HEREBY RESOLVE, ORDER AND DETERMINE AS FOLLOWS:
SECTION 1. The Agency hereby states its intention and reasonably expects to reimburse Expenditures paid prior to the issuance of the Obligations or the approval by the State Water Board of the Project Funds.
SECTION 2. The reasonably expected maximum principal amount of the Project Funds is $35,000,000.
SECTION 3. This resolution is being adopted no later than 60 days after the date on which the agency will expend moneys for the construction portion of the Project costs to be reimbursed with Project Funds.
SECTION 4. Each Agency expenditure will be of a type properly chargeable to a capital account under general federal income tax principles.
SECTION 5. To the best of our knowledge, this Agency is not aware of the previous adoption of official intents by the Agency that have been made as a matter of course for the purpose of reimbursing expenditures and for which tax-exempt obligations have not been issued.
SECTION 6. This resolution is adopted as official intent of the Agency in order to comply with Treasury Regulation §1.150-2 and any other regulations of the Internal Revenue Service relating to the qualification for reimbursement of Project costs.
SECTION 7. All the recitals in this Resolution are true and correct and this Agency so finds, determines and represents.
SECTION 8. The Agency finds that the previously adopted Mitigated Negative Declaration remains applicable to the Project and that no further environmental review is required pursuant to California Environmental Quality Act Guidelines Section 15162.
IN COUNCIL DULY PASSED this 15th day of September, 2026.
AYES: (6) Mayor Stapp, Council Members Alvarez, Bañuelos, Fleming, MacDonald, Rogers NOES: (0)
ABSENT: (1) Vice Mayor Okrepkie
ABSTAIN: (0)
RECUSE: (0)
ATTEST: _________________________ APPROVED: ______________________________ City Clerk Mayor
APPROVED AS TO FORM: ____________________________
City Attorney
Reso. No. RES-2026-106
Resolution Template.doc